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Author Topic: okay newbies here, is my big question for ya  (Read 397 times)
clover12 (OP)
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December 11, 2018, 09:43:35 PM
 #1

is bitcoin going to go down to $0.00USD?

is bitcoin going to literally tank and go down to zero?

if bitcoin goes down to $0, is that the end of it? or could it come back after that?

if bitcoin goes down to $0 will there be other coins that rise up in it's place?

how far down are you thinking this bear run will take bitcoin?  $1,000?  500?  Less?

what is your opinions? Cool
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December 11, 2018, 09:59:31 PM
 #2

is bitcoin going to go down to $0.00USD?
Definately not.

is bitcoin going to literally tank and go down to zero?
Nope

if bitcoin goes down to $0, is that the end of it? or could it come back after that?
No answer about th e end because the If is not likely to happen... It's like you saying If a "US dollar goes to Zero"
So long as there are people believing in it, then you wasting your time expecting it to drop to Zero. It's like waiting for a ship at the airport.


if bitcoin goes down to $0 will there be other coins that rise up in it's place?
Bitcoin is the GodFather of Crypto... Just look at how the market reacts when Bitcoin sneezes, all the market catches a cold


how far down are you thinking this bear run will take bitcoin?  $1,000?  500?  Less?
you should really worry about price everyday or-else you will get anxiety disorders for nothing...Bitcoin took almost three years to reach $1000 in 2016 after  going past $1000 in 2013 and dropping to hundreds the following couple of years


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December 12, 2018, 12:48:54 AM
 #3

I think bitcoin will recover because of its decentralized nature.  Or if not, then another crypto/token will take it place.  We cannot deny that cryptocurrency and blockchain technology is really revolutionizing and can advance our technology.\

Many sectors are moving to blockchain because it really helps to improve the system of those sectors (e.g. medical field, privacy concerns, currency exchange, etc).

Personally, I am also optimistic to the future of blockchain technology.

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December 12, 2018, 05:39:51 AM
 #4

is bitcoin going to go down to $0.00USD?

is bitcoin going to literally tank and go down to zero?

if bitcoin goes down to $0, is that the end of it? or could it come back after that?

if bitcoin goes down to $0 will there be other coins that rise up in it's place?

how far down are you thinking this bear run will take bitcoin?  $1,000?  500?  Less?

what is your opinions? Cool

no one can predict but for my opinion i think wont drop to 0  Embarrassed
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December 12, 2018, 08:35:29 AM
 #5

Originally, I didn't want to reply to OP becaues OP's questions are all very boring, but I think it is necessary to remind you.
Similar questions are very much on the forum. If you are too lazy to search, I just saw a few similar ones,you may be able to find the answer from these threads.

Is bitcoin dying? Lies!
With all honesty, who still wants bitcoin to die?
Do not worry about the future of Bitcoin! It is just beginning
Did Bitcoin actually died ? Yes, more than 320 times already
BTC will not DIE, People Die; Will you be the Last Man HODLing?
To newbies: why BTC is different and you must expect the price to rise again
Why is BTC dead
etc...

Among these threads, your question has been answered many times, so please avoid such questions and use the search function.
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December 12, 2018, 08:44:16 AM
 #6

A hint for you as someone who is new to the forum ... in the upper right you will find a search field, try to use it as much as possible and avoid asking question which ve been answered many times!

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December 12, 2018, 09:07:51 AM
Merited by DdmrDdmr (1)
 #7

Your post seems to be addressed to all the "newbies" but I think most of them are not ready to answer those questions.  Tongue

Let's take the stock market as an example. A lot of companies list on the stock exchange and people invest in them and then suddenly something bad happens and investors start to pull out their money and investment out of those stocks. Some investors see this as a good opportunity to buy these stocks at a reduced price and they start buying it again.

Bitcoin is going through a transition period where speculators are withdrawing their investment, because they are not willing to wait years for a return on their investment. As the price goes down, some new investors and some old timers will start buying again, because it is much cheaper to buy these bitcoins at a reduced price.  Grin

That will stop it from going to zero.  Wink

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December 12, 2018, 10:59:00 AM
 #8

is bitcoin going to go down to $0.00USD?

is bitcoin going to literally tank and go down to zero?

if bitcoin goes down to $0, is that the end of it? or could it come back after that?

if bitcoin goes down to $0 will there be other coins that rise up in it's place?

how far down are you thinking this bear run will take bitcoin?  $1,000?  500?  Less?

what is your opinions? Cool
On https://bitcointalk.org/index.php?topic=178336.0you can see poll of bitcoin price from where you can see how it may go. And also there are already 441713 posts regarding this.
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December 12, 2018, 12:19:29 PM
 #9

Probably it could go down for more because many are already leaving cryptocurrency for good after they had been into a huge loss of money investing BTC when market price per bitcoin was more than 6K USD and now it gone to 3.4K USD. Definitely the market is still going down and this could be the start of the ending of bitcoin system.
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December 12, 2018, 02:41:00 PM
 #10

Why is the questions directed to newbies alone and the price can't no go down to $0 that would mean the death of bitcoin I really think your question is without basis

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clover12 (OP)
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December 12, 2018, 03:50:16 PM
 #11

Let's take the stock market as an example. A lot of companies list on the stock exchange and people invest in them and then suddenly something bad happens and investors start to pull out their money and investment out of those stocks. Some investors see this as a good opportunity to buy these stocks at a reduced price and they start buying it again.

well what are the expert stock market tape readers saying about the Bitcoin charts?

are they saying it is going to go below $3,000?  $1,000?  what?

i ask because i wonder if i should buy more today or wait to see if it goes down more.

 Lips sealed Lips sealed
clover12 (OP)
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December 12, 2018, 03:51:23 PM
 #12

Probably it could go down for more because many are already leaving cryptocurrency for good after they had been into a huge loss of money investing BTC when market price per bitcoin was more than 6K USD and now it gone to 3.4K USD. Definitely the market is still going down and this could be the start of the ending of bitcoin system.

what are you trying to say?

so you thinking...... its going down to... $1K or less?
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December 12, 2018, 04:56:05 PM
 #13

Every single speculation about price is lie.
No one can tell you where the bitcoin will go... To 0 or 100,000$
Everyone who claim that bitcoin cannot go to 0$ will lie.
Same as the person who will tell you the bitcoin will go to 100,000$.
We all want the best, but none can give you real answer.
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December 12, 2018, 07:39:10 PM
 #14

How long is a piece of string? That seems like a good answer to this haha

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December 13, 2018, 06:10:34 PM
 #15

Price is determined by supply and demand. (Unless of course you're the FED and print money to enrich banking buddies and pump markets artificially.)

If Bitcoin were to fall beneath a certain level it would attract a larger number of buyers. This increasing number of buyers would offset the sellers and prices would go back up.

Where this happens is called the support zone.

Where is this support zone exactly? We don't really know. It all depends on how many people are buying how much BTC at a given point in time.

One thing is for sure: the lower the support price, the less likely it is to happen. U$ 0 for BTC? Very unlikely. U$ 1000? More unlikely than U$ 1000. Possible? Yes but not likely.

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December 13, 2018, 09:48:44 PM
 #16

is bitcoin going to go down to $0.00USD?

is bitcoin going to literally tank and go down to zero?

if bitcoin goes down to $0, is that the end of it? or could it come back after that?

if bitcoin goes down to $0 will there be other coins that rise up in it's place?

how far down are you thinking this bear run will take bitcoin?  $1,000?  500?  Less?

what is your opinions? Cool

Whatever price it does end up at, it will not become completely worthless. There is much more development within the space now more so than at any other point in the last ten years.
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December 14, 2018, 05:22:01 AM
 #17

Funny you're a newbie and you're seeking answers to your question from newbie which most of them like you (based on your rank, are new to cryptocurrency) so how will they have the perfect answer for you? Beside this is no big question and as pervious replies have stated, it has been answer severally on forum especially on the Bitcoin Discussion Board visit the board and use the search space for automatic searching or scroll through pages manually.

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December 14, 2018, 06:16:53 AM
 #18

is bitcoin going to go down to $0.00USD?

is bitcoin going to literally tank and go down to zero?

if bitcoin goes down to $0, is that the end of it? or could it come back after that?

if bitcoin goes down to $0 will there be other coins that rise up in it's place?

how far down are you thinking this bear run will take bitcoin?  $1,000?  500?  Less?

what is your opinions? Cool
No
Around $2k (min)
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December 14, 2018, 02:50:52 PM
 #19

No worries, bitcoin would never reach $0.00 or even $0.10, because if it did I would just buy it all Wink
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December 17, 2018, 09:56:38 AM
 #20

is bitcoin going to go down to $0.00USD?
IMO, No.

is bitcoin going to literally tank and go down to zero?
Possible but No.

if bitcoin goes down to $0, is that the end of it? or could it come back after that?
Bitcoin came from zero and now it has value so if it will go back to zero then it may repeat.

if bitcoin goes down to $0 will there be other coins that rise up in it's place?
Crypto market is dead.

how far down are you thinking this bear run will take bitcoin?  $1,000?  500?  Less?
$3,000 is sustainable.



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Rainbot
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