Another Bitter Critic: "Bitcoin Will be Zero"

[CryptoBry]

Now, I am sure that 10 years may not be enough to silence critics -- big, small, known, unknown, influential and not -- of bitcoin as there are still those who are wishing (or rather predicting maybe) that bitcoin can be zero...soon! An example of old-school critic is Warren Buffet who is a popular and very successful investor but not inclined to believe in the value and future of bitcoin.

Then we have many media influencers and an example of this is another old-school named John Crudele and he is writing a column for NYPost.com. His objection to bitcoin is immortalized in his own words: "Bitcoin will soon be worth zero. But until then criminals will still be able to use it and other digital currency to move money around the world without being caught."

At the end of the day, we live in a democratic space and we welcome diversity of ideas, opinions and convictions so we still appreciate people who are in the opposite side of the picture.

[El duderino_]

This has already been discussed a lot..... go to 0 is like not gonna happen to many strong believers and HODLers as user count keep increasing and BTC gets more and more attention, when I go to the gym, or resto or wherever I go, it happens more than once I just hear people talking or mentioning the name

And imo I see less and less people talking the DOOM scenarios for BTC, so yes each day is a day of stronger growth new user, new people getting interested etc

BTC = her to change a lot of broken sh*t

[serjent05]

At the end of the day, we live in a democratic space and we welcome diversity of ideas, opinions and convictions so we still appreciate people who are in the opposite side of the picture.

Yeah right!  So much for democracy when a member of the house of representative of US (United States Congressman Brad Sherman)  appeal to his colleague to support him in banning all cryptocurrency because it threatens to diminish American Power with regards to foreign policy. 

United States Congressman Brad Sherman (D-CA) has called on colleagues to outlaw cryptocurrencies, saying they threaten to disempower American foreign policy and diminish the rule of law.

https://cointelegraph.com/news/us-rep-sherman-calls-for-crypto-ban-says-it-threatens-to-diminish-american-power

This bitter Critic will never cease.  Haters gonna hate and Bitcoin have too many of that.

[gentlemand]

https://cointelegraph.com/news/us-rep-sherman-calls-for-crypto-ban-says-it-threatens-to-diminish-american-power

This bitter Critic will never cease.  Haters gonna hate and Bitcoin have too many of that.

The difference between that guy and the one above is that he's one of the first to correctly call out why The Man should be getting hot and bothered by this.

As for the other one, surely 'it will go to zero... and CRIMINALS' is so quaintly retro I can't believe the publisher bothered to entertain it. Do people actually get paid for that level of content?

[1Referee]

The worst ever shitcoin can't even go to zero, so how will Bitcoin ever go to zero?

I think these critics are hoping to be right at one point, because hey, if you guess long enough, eventually you'll be right. They just don't get that even if Bitcoin fails and it sinks back to $100 or whatever, it will still serve a purpose. This virus can only temporarily be put to a stop if you cut off the world power supply, which isn't possible with how distributed the power sources are. Suck on that. 

[YuginKadoya]

Many critics are like this they are pessimistic about how bitcoin work and they always tend to say stupid things they don't know just because they had some bad experience with cryptocurrency or bitcoin, Well I say that we should just let them be and let them say what they want and always stay in what you believe in and keep on the hold for the future.

[creeps]

Many critics are like this they are pessimistic about how bitcoin work and they always tend to say stupid things they don't know just because they had some bad experience with cryptocurrency or bitcoin, Well I say that we should just let them be and let them say what they want and always stay in what you believe in and keep on the hold for the future.

Some of those are not real critics, they are just being paid to ruin cryptocurrency and some of them holds bitcoin who's trying to dip the market and buy. Bitcoin will never become zero again, even if USA ban this one because I know most of the country already have a good regulations that can support bitcoin during the bad times.

The worst ever shitcoin can't even go to zero, so how will Bitcoin ever go to zero?

What shitcoin is that? haha
Well, its a bitter critics from a nonsense people, it can't affect the market investors will just smile to them. 

[The Sceptical Chymist]

The worst ever shitcoin can't even go to zero, so how will Bitcoin ever go to zero?

I guess technically you're correct--a lot of shitcoins listed on Yobit have been going for 1 satoshi probably since they were created, but if you can't even find a buy order for a coin (which is true for a lot of those), then they're essentially worth zero.

But bitcoin going to zero?  Hell, no.  Not unless a startling breakthrough form of financial tech comes along and absolutely kills it, but as of right now I haven't read of anything in the pipeline that fits that description.  Some people just either don't understand bitcoin or do understand and don't like it.  What can you do?  In every endeavor there are going to be naysayers.

As an aside, OP has been including unnecessary pictures in his posts, which I find annoying and they remind me of a recently banned member used to make a habit of doing the same thing.  For the life of me, I can't remember his name.  Could be a coincidence.

[LFC_Bitcoin]

This translates to - ’Fuck, I wish I had bought bitcoin when it was cheap’.

[Pursuer]

unfortunately we don't really have any "critics" based on what I see, all we have are some people with doomsday signs saying "The End Is Nigh" who don't really have any convincing reasons for it either. at this point that the adoption of bitcoin has grown to a decent stage where even developed countries like Japan have accepted it as a legal currency and big companies like Microsoft are accepting it as payment, the only debate is whether it will reach mass adoption and $1 million+ or not.

The worst ever shitcoin can't even go to zero, so how will Bitcoin ever go to zero?

I think you may need to visit the altcoin graveyard on sites like this one: https://deadcoins.com/
every now and then market purges the dead shitcoins otherwise we wouldn't have 2500ish coins and instead would have had 50,000 coins

[serjent05]

https://cointelegraph.com/news/us-rep-sherman-calls-for-crypto-ban-says-it-threatens-to-diminish-american-power

This bitter Critic will never cease.  Haters gonna hate and Bitcoin have too many of that.

The difference between that guy and the one above is that he's one of the first to correctly call out why The Man should be getting hot and bothered by this.

100% agree with you

Do people actually get paid for that level of content?

News needs to ba captivating so exaggeration and all means to get the attention of readers is used. This strategy is used million times and never failed to deliver.  They are get paid, I believe this is a sponsored story.  other relies on ads, more traffic, more income.

[El duderino_]

This translates to - ’Fuck, I wish I had bought bitcoin when it was cheap’.

But, but it still is F***ing cheap.

[BrewMaster]

This translates to - ’Fuck, I wish I had bought bitcoin when it was cheap’.

But, but it still is F***ing cheap.

only when you are looking at the bigger picture and considering the long term potential of bitcoin. but some people are not like that, they focus on the short term, like day traders, in their view we are already more than 100% above the bottom they missed out on because of greed of waiting for lower prices.

[Indrawan77]

A narrow mind will produce zero idea, clearly a traditional investors are not ready to accept bitcoin they only see bitcoin as a criminal coin, but never see how bitcoin save people's economic, and they never bother want to learn the new things, that kind of mind will makes creativity to decrease and soon they will find they need to adapt to survive

[Harlot]

Dude will talk trash about anything even though it has been disproven by a lot of times already, the perfect thing to shut his mouth out and make him eat his own words is for BTC to keep climbing back up. Of course this won't always be the scenario for us since BTC also has a bear cycle and if this happens all the nocoiners including him will say "I told you so". I say let him because his words really don't mean anything at all as it doesn't even affect the prices we see now. The important thing is for us to take profit and soon see this guy disappear in the industry.

[harizen]

That's why they called "critics".

What do we expect from them? Positive thoughts? Good overview?

Let them voiced out what they want whether positive or negative. It's their freedom. We have our own ability to understand if a certain thing is sh*t or not. Take it or leave it, that's how we should approach every speculations or predictions we will encounter.

Bitcoin will be Zero? Then so be it. No need to take their thoughts as big deal. It can't even create a massive FUD.

[twiifm]

I think that journalists who say that Bitcoin's value will be $ 0 is definitely purchased. They write their columns in exchange for money and make people fear and panic.

[Adriano2010]

Maybe they try to make bitcoin drop again if people panic and sell so they can get some more cheaper coins and after they will wait for a grow, but this will not happen and bitcoin never will be 0.

[Whaleagent]

Best advice: never trust media or ''experts'' on anything. Did you know the polls showed Hilary was going to win at like 99.9% certainty? She didn't, polls and experts also thought brexit wouldn't happen. The so called experts are nothing but charlatans, most of them are not experts, they are journalists. It's also extremely hard to predict whether bitcoin will go to zero or not, it could actually go to zero, easily. I know, no one wants that here but it's certainly a possibility.

[figmentofmyass]

tbh, it seems like a binary outcome to me.

it's either gonna be worth nothing (if adoption tapers off and years later, nobody is using it) or it's gonna be worth a whole lot. i'm pretty sure satoshi said something to that effect.......it's just the design of a scarce network-based commodity.

the second outcome is becoming more likely everyday, but it's not set in stone yet.