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Author Topic: Bitcoin is going to go to 0  (Read 338 times)
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November 27, 2020, 05:10:43 PM
Merited by philipma1957 (5)
 #1



C'mon, sell everything.

https://www.youtube.com/watch?v=i8vf9zHV3S0  

LOL

P.S. Following philipma1957's discovery that I'm a jinx, I open this post to make the price go up.

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November 27, 2020, 07:11:53 PM
Merited by philipma1957 (1)
 #2

are you kidding ?, there is no good reason to say Bitcoin is going to 0, hey !,
Bitcoin is still popular in the world, Paypal has also just accepted Bitcoin, and demand is always there,
Bitcoin is not controlled by a country, you must know that!
Don't be so serious. He's obviously sarcastic with the post. Bitcoin won't go to zero.  Grin
You should have clicked the link of the thread that he had at the end of his post. It's about bitcoin reaching $20k.
Thread: Congrats to everyone for reaching $20k again.

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November 27, 2020, 07:45:38 PM
 #3

are you kidding ?, there is no good reason to say Bitcoin is going to 0, hey !,
Bitcoin is still popular in the world, Paypal has also just accepted Bitcoin, and demand is always there,
Bitcoin is not controlled by a country, you must know that!
LOL read the last sentence and click the link you would know that it is just a joke.
And OP is trying to jinx what he/she is saying.
I also commented on OP's previous topic and I have to say OP might have really jinx it LOL.
P.S Just kidding OP maybe it was just a coincidence that the price drop down after you congratulate the price.
P.P.S OP if the price somehow goes up you should really consider on posting more threads like this Grin .
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November 27, 2020, 07:57:07 PM
 #4

For the following reasons it won't go to zero again.

1. At any cost the the usage of bitcoin won't go to zero.

2. It is considered as an investment asset/digital gold and
    legalizedd on different countries.

3. Large companies have invested big on bitcoin.

4. Continued development of mining equipments for cost
     effective mining output

5. People believe it to be a safe haven against the
     inflationary fiat currencies.

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November 27, 2020, 08:03:21 PM
 #5

P.S. Following philipma1957's discovery that I'm a jinx, I open this post to make the price go up.

Cute, but it doesn't really work unless you believe it. Tongue

The whole idea is that people are actually trading based on their sentiment, and that the market will head towards "maximum pain" where traders will incur the greatest possible losses: https://www.investopedia.com/terms/m/maxpain.asp

You're obviously a bull, so the question now is, does your sentiment represent the market? Or has the market become fearful yet? The Fear and Greed index says we're still seeing extreme greed....

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November 27, 2020, 09:44:36 PM
 #6

^^ Thanks for reminding about the fear and greed index,  Smiley



Right, it is still very high though, 86% people are still in the FOMO phase.

Obviously, the OP is a bull, which means he is saying the opposite here. But I don't think or believed in jinx, it just so happened that we didn't reach $20k, for obviously reasons, i.e the market is in the overbought zone, people taking profits $19,500. etc. But we're not done yet for this year.

R


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November 27, 2020, 09:49:49 PM
 #7

Lots of people haven't see the worst where -3000 price in a short span of time isn't the worst thing  that we had seen in the past and with this
current decrease in movement, people had already make some reaction on bitcoin to go in 0 price?

People never changed and for first timers then they should really get used to it because corrections do happen but it doesn't mean that it would go to 0.

For now the price do able to hold in 17k level and this might be the last change for you to buy some cheap coins.So if you can take some risk then buying
now would be the best time.

R


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November 27, 2020, 11:19:10 PM
 #8

I think OP is just being a sarcastic or OP just want to buy our Bitcoins on cheaper price.
This is just some FUD which is not effective anymore.
It's kinda impossible these days that Bitcoin will go to zero.
I'll be buying more once this Bitcoin will dump more.

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November 28, 2020, 04:43:25 PM
 #9



C'mon, sell everything.

https://www.youtube.com/watch?v=i8vf9zHV3S0  

LOL


Damn this is the most embarrassing video I have ever seen when everybody is thinking how high Bitcoin is going to go down, this guy thinks that it will go down, this is some excerpt of the video shouting Bitcoin will go to 0  https://www.youtube.com/watch?v=jvBSEbJIAxE

 if there is a Youtube content creator I recommend he create the most embarrassing videos and rate this one as the number one embarrassing video.  Cheesy

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November 28, 2020, 06:44:22 PM
 #10

Haha, obviously the OP is being sarcastic, but sadly I still know people who think this. I'm like...really?? in 2020?? you still think Bitcoin is going to zero?! haha. Some people just have no idea what's going on.
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November 28, 2020, 07:32:01 PM
 #11


Bitcoin is not controlled by a country, you must know that!

This has to go down well to us. It is not a single currency for any country and not controlled by any country. It acceptance is increasing and it is not going down to 0 level anytime. All should wake up to the fud many are making just to get a bear for them to go for huge buy to hodl, being wise in business is always needed.
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November 28, 2020, 09:54:54 PM
 #12


Bitcoin is not controlled by a country, you must know that!

This has to go down well to us. It is not a single currency for any country and not controlled by any country. It acceptance is increasing and it is not going down to 0 level anytime. All should wake up to the fud many are making just to get a bear for them to go for huge buy to hodl, being wise in business is always needed.

And the market has stop bleeding, so there is no "Bitcoin=0" narrative and obviously, this is just taunting another user. So now it's about $17,700 good sign that we are somewhat out of the danger zone for now and could attempt to go to $20k still, (this is our goal for this year).

Yeah, it's better if OP will create another jinx thread for all the marbles, Lol.

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November 29, 2020, 04:50:41 AM
 #13

The only time that I felt like BTC could go to $0 was during the March 2020 crash.

Most of you guys probably weren't home trading that session but what happened was pretty brutal. March 7th BTC was trading at $9K. Then the next day went down to $7500 and settled at $8K. Then a few days later on March 12th 2020, all hell broke lose.

We opened the day at $8K, then had a massive crash to $6K a few hours later. And this is where the danger began. Too many people wanted to buy the $6K support and bought it on leverage. Shortly after we went down to almost $3K on Bitmex.

The selling was crazy. There was no bids, except maybe shorts taking profits and there was tons of those $10M liquidation orders dying to get filled. Only they kept pushing price lower and lower. I think there was like $1 billion in long liquidations and maybe $10Million on the bids. Obviously a crash to $0 at least on Bitmex seemed possible.

Eventually they paused the trading due to some glitch, people got their senses back and started to cover and buy. And we recovered from that crash shortly after. It was a day I will never forget.

This is why its not a good idea for leverage exchanges to control the market.
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November 29, 2020, 07:34:08 AM
 #14

Lol let's hope that this time it works for the benefit of us Cheesy. All kidding aside I am not even joking when I saw this topic name and clicked on it, I wasn't expecting just a joke topic neither, I was full on waiting for something serious. Let's be honest with each other, there are tons of people who believe that bitcoin is a pyramid scheme (which is literally impossible, there is no way that it could be pyramid scheme, if you say that you do not know crypto and blockchain) and ponzi and many other stuff that is impossible.

So, I assumed just as bitcoin went down, those people came out of shadows again to say that bitcoin will be worthless in the near future and this is the start of the demise of bitcoin, that some rich people made it worth a lot to sell and leave us with zero. Thankfully it is just a joke topic Cheesy.
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November 29, 2020, 07:41:33 AM
 #15

Bitcoin can go to zero only if internet will not work, like some major global disaster.

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November 29, 2020, 09:17:35 AM
 #16

Thanks for making my day funny and complete Smiley
You're post made my day. I'm quite sad before I see this thread. Now I'm ok right now.

If you believe that it will go to 0 then you will just say that it will go to zero. If you believe that it will go up then you will oppose what this OP has been posted. No need for further explanation here since this is just impossible to happen.

 
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November 29, 2020, 09:47:22 AM
 #17

C'mon people, don't get too carried away with the word "Bitcoin go zero". This guy was just being sarcastic. We all knew that such thing is far from happening. This is like a response from FUDs and people who stays negative about Bitcoin.
This could also mean, If you're trying to sell your bag at this current rate, you might be regretting on the latter as Btc ain't done yet. We may experience a little correction, but look at CMC, Btc tends to bounce back where it was situated from the highest this year.

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November 29, 2020, 10:10:42 AM
 #18

The only time that I felt like BTC could go to $0 was during the March 2020 crash.

Most of you guys probably weren't home trading that session but what happened was pretty brutal. March 7th BTC was trading at $9K. Then the next day went down to $7500 and settled at $8K. Then a few days later on March 12th 2020, all hell broke lose.

We opened the day at $8K, then had a massive crash to $6K a few hours later. And this is where the danger began. Too many people wanted to buy the $6K support and bought it on leverage. Shortly after we went down to almost $3K on Bitmex.

Were you trading in January 2015? That drop from $300 to $150 was fast. Similar feel.

The selling was crazy. There was no bids, except maybe shorts taking profits and there was tons of those $10M liquidation orders dying to get filled. Only they kept pushing price lower and lower. I think there was like $1 billion in long liquidations and maybe $10Million on the bids. Obviously a crash to $0 at least on Bitmex seemed possible.

Eventually they paused the trading due to some glitch, people got their senses back and started to cover and buy. And we recovered from that crash shortly after. It was a day I will never forget.

This is why its not a good idea for leverage exchanges to control the market.

Why do you think Bitmex controlled the market? It didn't. There was a discount because Bitmex had no bid liquidity, not because they were leading the market. Price could go to $0 on Bitmex due to overleveraged traders and no liquidity, but real spot exchanges would never follow. There would never be enough supply.

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November 29, 2020, 10:12:29 AM
 #19



C'mon, sell everything.

https://www.youtube.com/watch?v=i8vf9zHV3S0  

LOL


If he firmly believes that Bitcoin is going to zero, why not put up his millions and specify the date where it will go zero if he has the nerve to announced that Bitcoin will go to zero, people like him are losing ground because many people are already believing that Bitcoin will exist for a long time way beyond this generation existence.
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November 29, 2020, 10:24:06 AM
 #20

There’s no way “bitcoin goes to Zero” buddy, this is really a joke and I can’t possibly believe it. It turns out that after I opened the thread,
it was a thread “Congrats to everyone for reaching $20k again”.
Indeed after the drop to $17K, it happened recently, because bitcoin is now at $18K. We would welcome this good day
and really prove that bitcoin will reach $20K.

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