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Author Topic: Will crypto really go to zero?  (Read 3252 times)
rmhuntley
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November 02, 2019, 10:34:47 AM
 #421

in theory, it can drop to zero, but for this something very serious must happen. for example, some kind of global collapse that will kill the Internet  Grin
I think it is too far to think about, just like you say the apocalypse. Basically, all altcoin and crypto have good potential in the market if the developer tries to continue to improve. If there is no progress, I think it will make him dead and forgotten in no time.
There is no development = death and will not reach its potential.

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November 02, 2019, 10:47:12 AM
 #422

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
You have a point probably some altcoins could become totally zero but for Bitcoin I doubt it will happen unless there will be new digital currency that is more efficient in Bitcoin. On the other hand, Blockchain technology is gradually becoming a trend as a matter of fact big countries such as China is already promoting this technology and even taught in education in France, thus I have huge faith that crypto will not turn into zero but rather become more promising.

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November 02, 2019, 10:55:34 AM
 #423

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

Thousands of coins and tokens have died out over the past years and it proves that cryptocurrencies can go to zero. Theoretically, they may never get to zero, as there will be users who are ready to purchase these dead coins at extremely low prices. But once the coin gets delisted from the major exchanges, we can consider them as either dead or dormant. In many cases, the holders may opt to keep these coins in their wallets, rather than booking losses. They may be hoping for a resurrection in the future, which may never happen.

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November 02, 2019, 11:34:48 AM
 #424

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

Thousands of coins and tokens have died out over the past years and it proves that cryptocurrencies can go to zero. Theoretically, they may never get to zero, as there will be users who are ready to purchase these dead coins at extremely low prices. But once the coin gets delisted from the major exchanges, we can consider them as either dead or dormant. In many cases, the holders may opt to keep these coins in their wallets, rather than booking losses. They may be hoping for a resurrection in the future, which may never happen.
I think only shitcoins that have no value can go to zero because these are coins that do not help much in making a profit and are often very risky if you choose to invest. In my opinion if you choose Bitcoin or other top Altcoins, these are very good investments in long-term holding. This market is creating a lot of new investment opportunities for everyone so it will definitely never go to zero because I trust the crypto market and will choose to invest more.


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November 02, 2019, 11:49:14 AM
 #425

I think that for all cryptoqurrency coins it is impossible to touch the price of 0, because we know that the demand and supply in the market continues. although the dead coin will not become 0. It's just that the coin intended by the OP has bad criteria, especially the product doesn't work and the coin is difficult to develop.
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November 02, 2019, 12:15:01 PM
 #426

If you are talking about the established altcoins such as Bitcoin and Ethereum, then I don't think that they will go below a certain level. Due to the large user base, whenever these coins go down there will be speculative investors who are ready to accumulate them. They will be ready to hold these coins for 4-5 years and this will prevent the further decline in the exchange rates. But the same can't be said about the lesser cryptocurrencies.
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November 02, 2019, 12:54:53 PM
 #427

I think that for all cryptoqurrency coins it is impossible to touch the price of 0, because we know that the demand and supply in the market continues. although the dead coin will not become 0. It's just that the coin intended by the OP has bad criteria, especially the product doesn't work and the coin is difficult to develop.
if we talk about the current situation, then, of course, all the coins will not be able to reach 0, but if you look at 10-20 years in advance, then I think that 90 percent of the coins will cost $ 0

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November 02, 2019, 01:06:31 PM
 #428

If you are talking about the established altcoins such as Bitcoin and Ethereum, then I don't think that they will go below a certain level. Due to the large user base, whenever these coins go down there will be speculative investors who are ready to accumulate them. They will be ready to hold these coins for 4-5 years and this will prevent the further decline in the exchange rates. But the same can't be said about the lesser cryptocurrencies.
the use of bitcoin and ethereum is now very extensive, and developments have been made, so I also doubt that these two coins have a low price in the future. maybe zero price can occur if it's an altcoin, especially for an altcoin that is not so famous. but, for coins that can be developed such as bitcoin, or ehtereum, for example, the use of making ERC20, of course it requires ethereum. so far I have not seen that potential, and I think the price will get better.
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November 02, 2019, 01:09:30 PM
 #429

Very far from it, crypto will never go to zero, moreover mass adoption is gradually setting in,more acceptance for Bitcoin and some Altcoin like ethereum ,but in the near future some of these plenty altcoins without use case will find themselves in extinction. I thinks these altcoins without use case are the ones getting to zero.

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November 02, 2019, 01:24:03 PM
 #430

I don't think that will happen, Cryptocurrency will not return to ZERO even though many countries are creating their own digital currencies. It is precisely my opinion that, Cryptocurrency will continue to grow, and Bitcoin will again have a high price.
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November 02, 2019, 01:25:26 PM
 #431

i think it depends on the coin itself, if the coin has continous good development, great community, worthwhile usecase, etc. then it wouldnt never hit zero price

vice viersa, bad coins are so many now and it is happened. those coins price is falling, marketcap evaporate, lost their community

we can see the good coins can survive, and bad coins cant survive. so the point is on coins quality itself

 
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November 02, 2019, 01:28:08 PM
 #432

Very far from it, crypto will never go to zero, moreover mass adoption is gradually setting in,more acceptance for Bitcoin and some Altcoin like ethereum ,but in the near future some of these plenty altcoins without use case will find themselves in extinction. I thinks these altcoins without use case are the ones getting to zero.
many altcoin will gone from cryptocurrency market,most of them was projects that has no own ecosystem and has no function at all in crypto world.if market already start its selection maybe only 10% coins left in market and 90% die slowly .bitcoin, ethereum and many main altcoin will get positive impact.its price will moved due switching moneyx.from shitcoin to these coins.
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November 02, 2019, 02:10:05 PM
 #433

If Vitalik Buterin would be your guide in cryptocurrency, I doubt(IMO) him because he even sold a big percent of his ETH at low price. That means that he doesn't believe at his OWN WORK. Why would he believe more in cryptocurrency?




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iv4n
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November 02, 2019, 02:28:32 PM
 #434

If Vitalik Buterin would be your guide in cryptocurrency, I doubt(IMO) him because he even sold a big percent of his ETH at low price. That means that he doesn't believe at his OWN WORK. Why would he believe more in cryptocurrency?

First I don't remember when Buterin sold his amount of eth, and I don't remember he said that crypto is going to zero. Charlie Lee sold his amount of Litecoin at the top, saying he doesn't wish to be in conflict of interest.
Crypto is far away from zero, maybe some alts will go there, but top coins will stay on top where they are. Charlie Lee, Vitalik Buterin are famous persons in crypto, there's a lot of fud around them, same like we have a lot fo fud around Justin from Tron and CZ from binance. I don't necessary believe in everything around them, first I check it on few places and only then I can believe!

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miklesm
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November 02, 2019, 02:35:13 PM
 #435

I think crypto might go to zero in the future, but not in the nearest 5-10 years for sure. A new better technology have to be invented to make crypto unnecessary and dump the prices of cryptocurrencies to the zero level.
FaithInCrypto
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November 02, 2019, 03:04:18 PM
 #436

In my personal opinion, crypto won't go to zero but will probably remain in the shadow just like how it is back in the days. Although more well-known companies and establishments are now using the service, I think it won't replace the fiat and most probably the government won't recognize it, limiting access.

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sazonk
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November 02, 2019, 03:06:12 PM
 #437

In my opinion crypto will be worth zero when the internet is extinct, I believe as long as the internet is still crypto will continue to be valuable as for some statements that Crypto will return zero worth maybe it could have happened and could have not happened. Crypto is closely related to money, every human being needs money, and every human being will continue to find ways to grow their money to grow, as the crypto industry grows, nowadays people have begun to think that assets are not Must always be physical, yes one of the digital asset is crypto.

Shallow Water
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November 02, 2019, 03:12:24 PM
 #438

Snip
in theory, it can drop to zero, but for this something very serious must happen. for example, some kind of global collapse that will kill the Internet  Grin
Makes sense.

But really, it's kinda hard to imagine that it will drop to zero.
Even with countries that tries to ban them entirely, there's always a way for everything. With how popular cryptocurrency now, I think in the future we will be using crypto payment for daily needs.

Cryptocurrency never failed to surprised us. More countries has come to accept them, and that's what makes cryptocurrency more known. It grows every time. Be it in its value and adoption.
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November 02, 2019, 03:27:39 PM
 #439

No, like the theory behind Crypto, the buyers and sellers are very decentralised and massive holders aren't playing with the market as much as fiat currencies.
It may go down for a while and be volatile but this is expected. But not completely crash. It may take time but evolution of payment process and underlying currencies is occurring in front of us driving a future need for bitcoin or its successors.

Crypto could only go to zero if everyone sold. That won't happen. Most HODlers have multiplied their dollars by many times by not selling. hence it depends to who is asking. If you are broke then Crypto is already worthless. But to investors, it is an opportunity, a good buy at something almost worthless and sell when it becomes full of worth to global some, however i am sure some altcoins and shitcoins will die definitely, simply because most of them have no real world usage.
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November 02, 2019, 05:21:10 PM
 #440

The price of cryptocurrencies depends on the success of the project. If the project has a good financial cushion then it will be able to survive with any results. Yes the price will fall a little but it will be uncritical. Most important to various updates were implemented then the community will believe in the project and will not sell their investments. Hence the price will hold. And when the cryptocurrency is even more strongly introduced into society, the price of cryptocurrencies will soar.
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