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Author Topic: Will crypto really go to zero?  (Read 3160 times)
miningguru
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October 26, 2019, 05:24:03 AM
 #401

It will never become zero because already we have seen greater adoption from the companies and many people are starting accumulating more coin in the market due to because some countries are showing a lot of interest towards blockchain and Bitcoin. This technology is giving lot of confidence for the countries to expand their business through blockchain technology.

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October 26, 2019, 06:05:01 AM
 #402

It will never become zero because already we have seen greater adoption from the companies and many people are starting accumulating more coin in the market due to because some countries are showing a lot of interest towards blockchain and Bitcoin. This technology is giving lot of confidence for the countries to expand their business through blockchain technology.
I think with the development of Blockchain technology, we will soon see the leading companies to use this technology to apply in life. The market has had a lot of big changes over the past few years so it will never return to zero. I believe that many large countries will legalize this market and open up new opportunities for all participants. Of course the decision is up to you because I predict that Bitcoin will trend to increase over time.

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October 26, 2019, 06:50:46 AM
 #403

Theoretically, there is such a chance, no matter how much small it is. We all need to remember that Bitcoin is a virtual asset and it doesn't exist in the hard physical form. It is more of an idea, rather than an asset. So the risk is even higher here. We don't expect physical assets such as gold to become completely worthless. But it is possible with digital assets.

That said, the chances are minuscule, just like I said earlier. There are more than 100 million cryptocurrency users in the world right now. Even if 90% or 99% of them decide to dump cryptocurrencies, the remaining 1 to 10 million is a very large number and they should be able to keep crypto afloat. But in the mean time, individual cryptocurrencies can die down (a lot many have already become either dead or dormant).


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October 26, 2019, 07:04:01 AM
 #404

This is your thinking and maybe other crypto lovers also think in my opinion there will never zero to crypto but will some great surge in the next few years but coins will go up (only legit and real project).
For legitimate coins and projects the price will continue to climb following the long-term development of the project.  And not many cryptocurrencies are able to survive and even have a higher price than ICO time, but many more have fallen almost zero.

Most of the new projects fail to survive but there are some that are able to survive until now because they are doing targets that are professionally made. and I think if they are able to compete in the market and gain great trust from the community then the project I think has been successful in doing its work

 
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October 26, 2019, 08:18:09 AM
 #405

This is your thinking and maybe other crypto lovers also think in my opinion there will never zero to crypto but will some great surge in the next few years but coins will go up (only legit and real project).
For legitimate coins and projects the price will continue to climb following the long-term development of the project.  And not many cryptocurrencies are able to survive and even have a higher price than ICO time, but many more have fallen almost zero.

Most of the new projects fail to survive but there are some that are able to survive until now because they are doing targets that are professionally made. and I think if they are able to compete in the market and gain great trust from the community then the project I think has been successful in doing its work
maybe a product that doesn't work properly that makes most of the price of new coins difficult to develop. but the fact is that most new coins don't last long in the market even after distribution on the exchange many of them lose their value.

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October 26, 2019, 09:06:16 AM
 #406

This is your thinking and maybe other crypto lovers also think in my opinion there will never zero to crypto but will some great surge in the next few years but coins will go up (only legit and real project).
For legitimate coins and projects the price will continue to climb following the long-term development of the project.  And not many cryptocurrencies are able to survive and even have a higher price than ICO time, but many more have fallen almost zero.
we have indeed seen coins that have very high prices, and coins that have reached zero price. it may depend on the type of crypto used. I am also not sure that all crypto will continue to grow and have high prices due to the fact, so many promising tokens that lose their price.

Well, if one of the crypto prices will reach zero value, I think it will happen slowly following the times, it's the same as bitcoin which prices continue to rise following developments that occur until now.
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October 26, 2019, 02:29:30 PM
 #407

I think it is obvious that most of the coins in the market at present would be worthless over time. There is hype in the crypto market and once the hype goes off, most of hyped coins may disappear. There is also a trend of only issuing coins without any road map. Such trend may put cryptocurrency in disbelief.

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October 26, 2019, 02:53:49 PM
Last edit: October 27, 2019, 11:28:02 AM by Katashi
 #408

If we are talking about the whole crypto market going to zero then my answer is no because we already build a strong community of crypto people who will continuously support this industry whether the government likes it or not. some coins may die and remove from the market but those strong coins like bitcoin or ethereum will never go to zero unless the government intervene and put a total ban of cryptocurrency across the globe.

 
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November 01, 2019, 11:54:45 PM
 #409

Theoretically, there is such a chance, no matter how much small it is. We all need to remember that Bitcoin is a virtual asset and it doesn't exist in the hard physical form. It is more of an idea, rather than an asset. So the risk is even higher here. We don't expect physical assets such as gold to become completely worthless. But it is possible with digital assets.

That said, the chances are minuscule, just like I said earlier. There are more than 100 million cryptocurrency users in the world right now. Even if 90% or 99% of them decide to dump cryptocurrencies, the remaining 1 to 10 million is a very large number and they should be able to keep crypto afloat. But in the mean time, individual cryptocurrencies can die down (a lot many have already become either dead or dormant).

Agree. We all know that nothing is perfect. Bitcoin and other cryptocurrencies may have obtained a good reputation over the years, but they still have some inherent issues in their design. Such issues can be fully exploited by worldwide governments if they decide to kill crypto in its entirety. A full crackdown against the use of crypto worldwide, would lead crypto towards being worth $0 in the future. But this is a very unlikely scenario since crypto's core technology is being widely used in many areas/industries as we know it. Price volatility will always exist as the liquidity of the crypto market is very minuscule.

Despite the many times Bitcoin and other cryptocurrencies have been claimed to be "dead" by certain individuals, the ecosystem has turned highly popular over time. The active development, and innovation, shows us that crypto and Blockchain technology are here to stay for a very long time. I believe that the negative comment of "Crypto is going to zero" is attributed to the mainstream media, Banks, and some people who don't know how crypto works. With due time, everyone will realize that crypto cannot be destroyed effectively joining its cause. Just my opinion Smiley

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November 02, 2019, 01:57:17 AM
 #410

If we are talking about the whole crypto market going to zero then my answer is no because we already build a strong community of crypto people who will continuously support this industry whether the government likes it or not. some coins may die and remove from the market but those strong coins like bitcoin or ethereum will never go to zero unless the government intervene and put a total ban of cryptocurrency across the globe.
This market creates lots of opportunities for everyone to make money,\ so the market will never return to zero. I think we should make more positive predictions when it comes to this market and certainly in the near future Bitcoin and other altcoins will help a lot in our present lives. Now is not a good time to invest but I believe that things will soon stabilize soon.

Recently, many countries are starting to invest in Blockchain technology and will create many new jobs so the crypto market will be a new trend in the next few years.


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November 02, 2019, 05:56:37 AM
 #411

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
agree with you, judging from the current market situation crypto is starting to be unstable because some cryptos that are not developed will be left by people, only good crypto will survive. we can see from now on if the crypto is not in demand the price will go down even more and may not be worthwhile

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reality18
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November 02, 2019, 07:39:22 AM
 #412

Cryptocurrency will not go to zero because the adoption rate is increasing gradually. Now most of African countries are embracing the idea of cryptocurrency with Nigeria, Ghana, South Africa and Kenya being the leading countries. This is a great achievement for crypto and as many projects with use cases and real life solutions enter the market, the adoption will continue to grow.
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November 02, 2019, 08:03:29 AM
 #413

Theoretically, there is such a chance, no matter how much small it is. We all need to remember that Bitcoin is a virtual asset and it doesn't exist in the hard physical form. It is more of an idea, rather than an asset. So the risk is even higher here. We don't expect physical assets such as gold to become completely worthless. But it is possible with digital assets.

That said, the chances are minuscule, just like I said earlier. There are more than 100 million cryptocurrency users in the world right now. Even if 90% or 99% of them decide to dump cryptocurrencies, the remaining 1 to 10 million is a very large number and they should be able to keep crypto afloat. But in the mean time, individual cryptocurrencies can die down (a lot many have already become either dead or dormant).

Agree. We all know that nothing is perfect. Bitcoin and other cryptocurrencies may have obtained a good reputation over the years, but they still have some inherent issues in their design. Such issues can be fully exploited by worldwide governments if they decide to kill crypto in its entirety. A full crackdown against the use of crypto worldwide, would lead crypto towards being worth $0 in the future. But this is a very unlikely scenario since crypto's core technology is being widely used in many areas/industries as we know it. Price volatility will always exist as the liquidity of the crypto market is very minuscule.

Despite the many times Bitcoin and other cryptocurrencies have been claimed to be "dead" by certain individuals, the ecosystem has turned highly popular over time. The active development, and innovation, shows us that crypto and Blockchain technology are here to stay for a very long time. I believe that the negative comment of "Crypto is going to zero" is attributed to the mainstream media, Banks, and some people who don't know how crypto works. With due time, everyone will realize that crypto cannot be destroyed effectively joining its cause. Just my opinion Smiley
I am sure that not all cryptocurrencies will survive, because there are a lot of unnecessary coins on the cryptocurrency market.  But I am also sure that those coins whose projects will really be in demand in society will be actively traded on cryptocurrency exchanges and these companies will develop excellently.  I hope that in the near future the value of cryptocurrency will increase not due to the action of speculators, but due to the real prospects and value of projects.
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November 02, 2019, 08:04:03 AM
 #414

Someday, the earth will end when it has no life. The same goes for cryptocurrencies, if one day no one is interested in using it, its value will be 0.
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November 02, 2019, 08:11:36 AM
 #415

Some would for sure. Even all of the crypto at this time may go zero in some period in future. But the crypto currency won't cease to exist as it advances and gets adopted as a daily driver for life. Crypto and Blockchain technology are the greatest gift of first quarter of 21st century.

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kanayaTabitha
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November 02, 2019, 08:14:28 AM
 #416

Cryptocurrency will not go to zero because the adoption rate is increasing gradually. Now most of African countries are embracing the idea of cryptocurrency with Nigeria, Ghana, South Africa and Kenya being the leading countries. This is a great achievement for crypto and as many projects with use cases and real life solutions enter the market, the adoption will continue to grow.

Even china will have a serious adoption of blockchain in their country, which means bitcoins as a first cryptocurrency with blockchain technology will reach a new big success. Or they want to make a new one for their country, it will be still a blockchain technology that very relevant with cryptocurrency. I think it's just the beginning of the cryptocurrency era, after the struggling for more than 10 years, this is the time for bitcoins and altcoins to wake up and show up to the world

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November 02, 2019, 09:27:02 AM
 #417

Cryptocurrency will not go to zero because the adoption rate is increasing gradually. Now most of African countries are embracing the idea of cryptocurrency with Nigeria, Ghana, South Africa and Kenya being the leading countries. This is a great achievement for crypto and as many projects with use cases and real life solutions enter the market, the adoption will continue to grow.

Even china will have a serious adoption of blockchain in their country, which means bitcoins as a first cryptocurrency with blockchain technology will reach a new big success. Or they want to make a new one for their country, it will be still a blockchain technology that very relevant with cryptocurrency. I think it's just the beginning of the cryptocurrency era, after the struggling for more than 10 years, this is the time for bitcoins and altcoins to wake up and show up to the world

Crypto which will be issued by the Chinese government in my opinion will still be controlled by the government, no different from fiat money. Bitcoin might get a positive effect because people will get to know bitcoin more and the number of investors who have bitcoin will increase.
With the involvement of the Chinese Government in the world of cryptocurrency, I think it will be followed by other countries' governments and this will have a positive effect on the cryptocurrency market
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November 02, 2019, 09:44:07 AM
 #418

if there is no internet in the future, surely crypto would go to zero but from what we have now so far it's too difficult to go even near there because crypto community is really strong and big two like Bitcoin and Ethereum are still holding strong and keep improving day by day.

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November 02, 2019, 09:51:47 AM
 #419

Personally, I believe that cryptocurrency can fall in price, but will cryptocurrency go down to zero? Since the crypto-industrial mechanism is already running and there is no turning back. There is only one single way to develop and implement new innovations using blockchain technology. Therefore, I wish everyone good luck and achieve great results in the crypto industry.

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November 02, 2019, 10:22:58 AM
 #420

For altcoin I am pretty sure if it can happen it will have no price. but for bitcoin it can happen but seeing what is happening now seems impossible. people are so confident about the rise in bitcoin. bitcoin socialization which gives advantages in my opinion is increasingly making it popular so that it can be said its future is quite good and strategic

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