Will Bitcoin fall to zero? Be woke with changes of No. of BTC with $ 1 million

[Gibreil]

Let say bitcoin will go zero value. We cannot avoid it because bitcoin is an asset and currency, anytime its price may goes higher or turn into undervalued. The importance is that we are using bitcoin nowadays. Let's just embrace the fact that everything changes for a purpose. Bitcoin can become valuable or worthless, time will dictate what will gonna happen to it.

[tranthidung]

As an supplementary chart for the one in OP, I give you this one, the chart for Satoshi per dollar (from Jan 2013 till now).

Both the units and amount of transactions (in BTC or in Satoshis) and this Satoshi per dollar chart give us a consistent signals of bitcoin increases in value.

[kentrolla]

I'm not sure bitcoin will hit the number 0, but when bitcoin will hit $ 100k, I will retire from the crypto world does not mean believing that bitcoin will collapse afterwards, I believe as long as people and community still exist for bitcoin, it will continue to live until our children and grandchildren are all here

Agree with you let's hope for the best and believe everything will be fine in upcoming days, who knows even the world can end. People are living only in faith and belief that's how everyone are moving.

BTC is purely for next generation which means the root has already planted and we are slowly getting the fruit from it and let's believe it will be keep going till the world ends.

[tranthidung]

With $100, the amount of BTC you can buy with it has been decreasing over years. The speed of decrease is speeding up since 2020. Charts are about USD value in BTC can be bought with but if you notice, you will see it reflects that some months in past years, USD has more value in BTC amount. In other words, you can buy more BTC with the same $100.

[Kong Hey Pakboy]

I don't think that it will fall that low after all this ATH that bitcoin has constantly shown over the years, I mean it did have the 2018 as an opportunity to lose its value but it didn't. And with the law of supply and demand backing bitcoin market, I think that the less bitcoin in circulation there is, the higher the prices is going to be.

[masterrex]

I dont think that Bitcoin price will fall to zero unless there is a major event that greatly affecting bitcoin trading and its related operation, for example Like a government crackdown on a global scale if that happens I'm sure it will create a massive decline in BTC prices and might to go zero value in no time. But it was just my personal opinion and I believe it will not happen because many people around the world still believe and holding Bitcoin and there is no government crackdown on a global scale so it's very far from happening.

[jerrison]

Bitcoin is on a Jet speed to Moon! The recent price increase and general bullish market is notunconnected to the fact that loads of firms have started buying into the blockchain space and creating more scarcity for the bitcoin unit thereby driving prices to the roof. i do not see bitcoin falling to zero as loads of financial institutions have committed their reserves towards purchasing bitcoin and more are alos coming onboard. Bitcoin is Mooning and still will continue to.

As the title described, I don't write more content here. Let's keep it short and look at the visual plot.

US dollar and other fiats are in over-inflated period. The pandemic triggered the money-printing industries globally and gave us free opportunity to see the beauty of fiats and government-based finance.

Even, in worst scenarios when bitcoin falls to the hell, I honestly will be very happy if there are people want to finish deals with me to exchange 10000 Bitcoin for 2 pizzas.

• With pizzas, I eat, defecate and all will vanish in the air.
• With bitcoin, it stays with me.

I also saw this interesting and informative article. In a nutshell, the article says that value of bitcoin is increasing and transactions (non-Coinbase) have been switching to multiplier of 1 BTC to satoshi. In addition, its Velocity is in bottom range.

I drop it here now but I planned to try reproduce it from data. Let's see what I can do. With blockchain, and public ledger, data analyses are reproducible.

Bitcoin: An Unprecedented Experiment in Fair Distribution

[Spack17]

I don't think the price can go down to zero but there is a possibility for it to decrease to much lower levels than now of course. But things are going really well for Bitcoin now. The price is at a very great level and its adoption continues to increase. But the Bitcoin team should definitely find a solution for high fees which is happening when the price goes to the moon. Because it really doesn't make me feel good when I pay too high fees for my transactions.

[Kittygalore]

I don't think the price can go down to zero but there is a possibility for it to decrease to much lower levels than now of course. But things are going really well for Bitcoin now. The price is at a very great level and its adoption continues to increase. But the Bitcoin team should definitely find a solution for high fees which is happening when the price goes to the moon. Because it really doesn't make me feel good when I pay too high fees for my transactions.

There will always be a possibility that the price will slump to zero but I don't think that we have to worry about that from happening because there are a lot of companies right now that is currently invested in bitcoin and I think that they are our first line of defense when it comes to that because they have the biggest interest that they have to protect. I hope that they will fix that because I believe that if the fees are kept at minimum or low then the developers can focus on other things.

[Bilgent]

There is always a chance for the price of any cryptocurrencies to fall to zero dollars. Bitcoin seems much more powerful than the others but the same risk exists for it too. It actually depends on how much a cryptocurrency is developed and whether there is always an effort to make it better. As long as Bitcoin and the Lightning Network continue to get better and spread around the world, it is very hard that we could see the price being $0. And the high-fee problem is not an impossible problem to be solved.

[Matimtim]

Bitcoin price is too crazy sometimes but it doesn't mean that bitcoin price will fall in to zero, i never think that things. Its been years since I start using bitcoin and base on my experience bitcoin price sometimes is the lower position but after a few days its price might amaze us about its instantly changes.

As long as many people use bitcoin, who but and sell it, its price and value will remain.

[TribalBob]

bitcoin will not reach zero, stay at 20K maybe the lowest price of 1 bitcoin, if bitcoin reaches 0 then bitcoin is dead and there is no interest at all, and there are certain factors that make bitcoin 0, and of course if bitcoin reaches the lowest price of 0 all crypto will lost and left history