judeafante
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October 02, 2019, 01:40:01 PM |
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Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions. Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) There will be a reason why it will head to that direction and we will all have a hint before that happen, but right now I don't see any reason why it would go that way there is not danger ahead that could drop Cryptopcurrency mainly Bitcoin to turn to zero, but if ever than happens we should prepare for the eventualities, there is no such thing as safe investment in this world, all things has their own risk, we should invest what we can afford to lose.
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xen1oph
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October 02, 2019, 03:36:32 PM |
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Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions. Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I think not, but the worst scenario for me looks similar. Crypto worth almost nothing, there are lots of shitcoins and scam and... Oh wait.
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sujonali1819
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October 02, 2019, 03:38:21 PM |
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If you talk about all the crypto then I would say yes, many coins can go down to zero. Even the best altcoin looks really good. But I don't think bitcoin will ever fall to zero. And yes in the future if the government discovers their own digital currencies, then Bitcoin may change into those digital currencies. But I don't think it will go down to zero at all.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | .
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desticy
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October 02, 2019, 05:04:08 PM |
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Bitcoin is a currency of which will subsequently be severely limited. In total, 21 million bitcoins will be mined, and new ones will not be created. In addition, part of the bitcoins will constantly disappear from circulation, because people will lose their wallets, which will lead to a complete loss of these bitcoins until the wallet is found.Thus, the lower the number of bitcoins, the greater the demand for them, which means the higher the price.
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Emperor of Man
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October 02, 2019, 08:38:54 PM |
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I think the thing that equals "zero" is the probability of the whole crypto space go to zero someday. But some crypto (mostly the scammy ones and the ones with no real use-case) are probably dying someday.
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nanaimogold
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October 02, 2019, 09:03:12 PM |
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In my opinion, no! Cryptocurrency is fast gaining adoption but alot of people who focus on the trading aspects don't know this much. I saw a video of bitcoin and Ethereum being used as a mode of payment in a supermarket (Price rite) Hong Kong. Cryptocurrency adoption is certain
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veves1
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October 03, 2019, 06:43:43 AM |
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Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions. Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) If governments start rolling their own currencies, why we support it. No difference now and then. For free to use our money we are using Bitcoin. If we need as Bitcoin digital currency without daily transaction problem, new coin will arrive in time. Governments start rolling their own currencies - NO decentralized finance Bitcoin - YES , this is the basis that will not give cryptocurrency go to zero.
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PuertoLibre
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October 03, 2019, 01:50:12 PM |
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I don't remember the top coins in the 2015-2016 period and I am sure today's first 20 altcoins will not be able to stand at the same place after a few years. The market selection filters out the weak projects and the stronger coins replace the delisted altcoins. For reaching the zero price, the project has to be dead due to several problems like the death of the CEO, the lawsuit against the team members, etc.
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atamism
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October 03, 2019, 02:27:56 PM |
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I don't think so. As long as investors invest their money in crypo, i guess it will not die nor go zero.
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DU18
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October 03, 2019, 02:36:40 PM |
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It is very unlikely that crypto will eventually return to zero, because the longer the development of crypto is getting faster, and now many developed countries are starting to design crypto as their currency other than their official currency, and we can see now that the implementation of the blockchain system has begun used to support the growth of world business today, even though crypto prices are currently in a negative trend and experiencing price declines, of course this cannot be used as a reason for crypto to be zero in the future.
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Aabcde
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October 03, 2019, 02:37:48 PM |
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I don't think crypto will be zero because it's back to where it was made. Yes, indeed there are lots of coins or tokens that only seek profit. But it cannot be denied there are also many crypto that are useful for daily life. So, my opinion that whether crypto dies or not depends on its use for the community. People nowadays need an easy & fast transcaction in every sectors. And Crypto sell that answer.
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Roidz
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October 03, 2019, 03:16:20 PM |
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Your concern about cryptocurrency will be zero in the future, I think there is no reason at all, because cryptocurrency is evolved or not depends on the transactions made by the cryptocurrency community in the world, if cryptocurrency is still much in demand, crypto will continue to grow and not very maybe down to zero, Because, in my opinion bitcoin and cryptocurrency have been designed in such a complete way to follow the applicable system. I am very confident that in the future cryptocurrency will be stronger along with the changing times, and also the technology that is now increasingly sophisticated and of course humans will look for all conveniences, including in conducting financial and investment transactions.
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█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . 1xBit.com Super Six | | | | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | | | . 6 BTC PRIZE POOL | │ | . TAKE PART | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
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Abiky (OP)
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October 03, 2019, 06:13:15 PM |
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Such a theory will never come true.
Blockchain and cryptocurrencies are not just ideas. Now we have thousands of products. We continue to use them in our daily lives and they all do as described in the same theory. Now I can make my transfers between countries in seconds without the need for any intermediaries. Banks can't do that. I pay almost no commissions for my transfers. Banks can't do that.
I do not give any personal information to anyone when I perform my transfers. Banks can't do that.
The blockchain is a legal revolution and no one can destruct it.
That's certainly true, mate. The Blockchain industry has improved a lot since Bitcoin's inception back in 2009. Governments and central banks have become interested in this trend for a very good reason. With so many benefits that Blockchain technology provides, it'll be hard to avoid it anytime soon. I believe that crypto projects which deliver real use cases to the mainstream world will be the only ones that will survive for years to come. Given how big the industry is nowadays, it seems very unlikely that crypto will go to zero anytime soon. Only altcoins which are overhyped without any use case at all, will go to zero in price. The rest like Bitcoin and Ethereum will retain their price for years to come. It seems odd that some people are spreading the word that crypto will go to zero within the future. The reason for this could be that they don't truly understand how the industry works or how big it has become over time. High volatility in price, has made many investors fearful of the crypto industry. But with due time, things would normalize as governments legalize the space within the not-so-distant future. Nonetheless, it's important to know that good things won't last forever. If by any chance Bitcoin or Blockchain technology fails, then you could expect for the whole market to go to zero. Time will tell us the fate of the Blockchain industry as governments worldwide apply their specific rules/regulations. Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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TrevorS
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October 04, 2019, 04:05:37 PM |
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I believe that it is possible that in the future not only cryptocurrency will depreciate, but also most financial institutions. We cannot say with certainty that banking and fiat structures will exist forever. Definitely not. All finances, to one degree or another, are bubbles, which are in the process of bursting. Personally, I see the world of the future outside the framework of any financial systems. However, whether we will live to these days, and how humanity will generally develop, is a big question. One thing is for sure, cryptocurrency is still too imperfect to become world money.
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boltz
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October 04, 2019, 04:28:22 PM |
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Crypto market going to zero ? I don't think so but I do think that most of the cryptos will go to zero as many of them are already near 0. Regarding bitcoin I highly doubt it can ever go under 3k$ range as bitcoin goes away for being a bubble so this creates extra confident for bitcoin investments. Another reason that crypto cannot go to 0 are development being done around blockchain and a lot of big companies already embraced the tech and they started to implement it and utilize it.
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minersday
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October 04, 2019, 05:39:25 PM |
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The crypto ecosystem for ten years has grown into a bigger community where people in it truly understand and know how relevant it is for the existence of cryptocurrency. The only possible way cryptocurrency will be worth zero is when blockchain technology is no longer in use. Blockchain technology is the main supporting foundation of cryptocurrency. If you break the foundation, the entire crypto space will collapse alongside...
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Kulkhan
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October 04, 2019, 06:26:15 PM |
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No i not think that. Many scum coin are available here but not all of them. Many etable coin are available here like BTC, ETH, Light coin,Ripple and so on. I think cryptocurrency market will be trasted day by day.
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⚍ ⚍ ☱ ☱ N O D Y ☱ ☱ ⚍ ⚍ ⚀⚀⚀ THE POWERFUL WEB 3.0 INFRASTRUCTURE SOLUTION ⚀⚀⚀ ======== nody.ai ========
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gensol
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October 04, 2019, 09:09:59 PM |
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No despite the fact that price might keep tanking, given various Dapps are still functional, price will go up someday. It can take years prices might still go lower than what we have presently but it recovers with time.
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lab rat hoax
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October 04, 2019, 09:37:04 PM |
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Crypto doesn't go to zero, but I think many crypto currencies that are currently in the market will disappear in the next 3-5 years because with the exception of bitcoin, ethereum and a few coins, almost all of them are shit coins. For example, compare top-100 coins of 2017 with top-100 coins of 2019. You will be surprised how many things have changed in just 3 years! Do you remember vertcoin? In short, take short and medium term profit from altcoins and sell them. Do not hold any coins other than bitcoin and ethereum in the long term, or you will be upset
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UniversityCoin
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October 04, 2019, 09:38:08 PM |
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Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Now thousands of people trade cryptocurrencies every day, some of them see cryptocurrencies as their main income. Bitcoin fell in price for almost a year and a half, and never fell to zero. This means that there are people who believe in it and will keep it for a long time despite the fall in prices. All this suggests that people have faith in cryptocurrencies and they will be very difficult to collapse to zero.
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