Bitcoin price fall to Zero? Possible or not?

[Ewox]

I don’t think Bitcoin will ever drop back to zero not unless Satoshi Nakamoto will withdraw all his Bitcoins and the rest of the big investors of Bitcoin which is not possible in my opinion based on how much it had grown since 2008. But it does happen though, I’d probably still hodl them and might buy more of it dips even more.

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[ropyu1978]

There must be ups and downs, but if it falls to zero I don't think it's possible. Even though it is not yet legal as a trading tool but at least it has become an investment that many people are interested in

[verita1]

Although we will not see this scenario again. Bitcoin is in the hands of investors who have decided to invest for a long time is the reason why we have this bull run heading to exceed 100K.
The role of bitcoin has a better destination, which indicates that it will be useful to strengthen the economy of the countries that adopt it.
The first step has already been done, those who own bitcoin and cryptocurrencies will get their benefits because they are also participating.

[Traderbtcc]

Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.

source

I just went through the list and I still can't find a credible reason for bitcoin to zero out, there's no stopping this evolution no one not even the government can be able to stop it, that's why even in countries where bitcoin it is prohibited some citizens in that country still make use of bitcoin through bitcoin can never be worthless no matter what you guys think might happen in the future.

(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.

I thought we are done with this debate of another cryptocurrency taking bitcoin's place, it's never going to happen even if the supply of the crypto is lesser than bitcoin's 21 million.

[batang_bitcoin]

There must be ups and downs, but if it falls to zero I don't think it's possible. Even though it is not yet legal as a trading tool but at least it has become an investment that many people are interested in

Won't happen. That's everyone's dream if bitcoin falls to zero, why a dream? because everybody will rush to go to exchanges including those OTC transactions just to take all that they can even not to zero, even with a tag price of two digits or three digits and even when it drops to four digits. There will always be those who are waiting only for the dip and that's how they see bitcoin these days, if it drops a lot, that's a sale and everyone will be on a shopping spree.

[oktana]

Answer: Possible but Not!
Why? On a normal note, as a speculative asset, Bitcoin can dump/pump to any price. But, not in these times; these times when big companies are investing in Bitcoin, these times when big and small scale store are opting for it as a medium of making payments. I guess it's just too late for such a dump.

[online73]

Hello everybody. In my opinion, the value of Bitcoin can fall to zero, only with some disruptions in the network, I simply do not consider other options. Even not the most dedicated people understand that the cryptocurrency market is cyclical, and even if the price drops rapidly, over time, it will grow even faster. The further the price falls, the more people will be willing to buy Bitcoin.

[matchi2011]

Answer: Possible but Not!
Why? On a normal note, as a speculative asset, Bitcoin can dump/pump to any price. But, not in these times; these times when big companies are investing in Bitcoin, these times when big and small scale store are opting for it as a medium of making payments. I guess it's just too late for such a dump.

When there are lots of money playing around, the trend might go further, more on bullish and expect to see higher
valuation than seeing it falling as traders and investors will aim for more.

Hello everybody. In my opinion, the value of Bitcoin can fall to zero, only with some disruptions in the network, I simply do not consider other options. Even not the most dedicated people understand that the cryptocurrency market is cyclical, and even if the price drops rapidly, over time, it will grow even faster. The further the price falls, the more people will be willing to buy Bitcoin.

Institutional investors knows how to play well, with them now around the very possibilities that it will have a much solid barrier.
Not unless there's a solid case that will bring out to chased this asset.

[gabriela1999]

2. I think when all governments around the world have ban on Bitcoin. Then Bitcoin will no longer be allowed to trade, Bitcoin's value will not be available. But compared to the current crisis economy. In addition to gold and stocks, Crypto is being considered a new and profitable investment channel as well as the benefits of many individuals and businesses. It's really hard to ban btcoin at this time

[Mamun74]

Bitcoin price falls below $5k?Bitcoin price fall to Zero? It's not possible. Bitcoin current price is $57k-$59k and It's still rising.Although It's not legal in many others country, Yet it doesn’t stop any country.

[so98nn]

Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.

There are N-number of ways to spend the bitcoin for goods and services. You can now directly pay with crypto to fiat services from your Crypto Cards. For example, We have BNB Credit Card, Paypal is also next gen service to offer this pathway.

Moreover, people have just started to use it as currency for the goods and services, so yeah give it sometime to develop more.

Don't forget you can buy Tesla with BTC.

(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.

Come on man! Most of them are looking forward to work with blockchain and use it for their benefit and public use as well. In fact superpower countries like USA and European's are the highest user of crypto and it highly unlikely it will get banned fully.

(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.

I have no clue about this but nodes going offline? Where from did that come?

(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.

What crypto? Can you please specify the list, we would love to invest in that. Moreover, BTC still stand at #1 position.

[Peanutswar]

The bitcoin will never drop to the point of zero or else it will be called a dead coin already if there's a person who makes buy or sell this coin the market will move even not too volatile at least it moves if someone use this coin it never will become zero value and as you see right now the price of the bitcoin on the 59k USD price there's a possibility it might increase more due to support of other trader and investor and the upcoming halving will increase more than its ATH.

[Atekul3]

When it comes to Bitcoin, I would say that the price of Bitcoin is going to go up. The price of Bitcoin will never go down because people are using Bitcoin more and more. So I think the price of Bitcoin will never come to zero.  I think such a possibility

[xnuggets]

It is impossible making bitcoin hits 0. To make it happen it requires absolute and drastic actions, such as globally banning bitcoin, or removal of crypto enthusiasts.

[KryptoKings]

Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.

source

Now it is absolutely impossible for btc price to fall. If it does, so many people will line up to buy as much as they can and that will push prices up again.
Even exchanges will not allow prices to fall below certain level. It's not free market. We have centralized markets where 90% trade takes place. They are holding big amounts.
Pluse miners will stop mining if price falls below a certain level.

[lionheart78]

Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.

source

I think the first 3 will possibly render Bitcoin to worthlessness or make it price to zero but the 4th one will never make the Bitcoin price goes down to zero.  The 4th one may make the price of BTC to plummet but it is not good enough to render BTC useless.  There will always a supporter or buyer of BTC even though it was overtaken by other cryptocurrency.

[ragavancoin]

As per my knowledge there no way to bitcoin Will be become a zero value because we know now how bitcoin has been moved for $0.01 to 60k and many countries are accepted bitcoin as a digital money, so we can see changes in price like what happens in previous but it will never become zero.

[DarkDays]

How could the value of BTC drop to zero? We have seen BTC rise over the years to unexpected heights. It will be extremely difficult to see crypto

disappear, specially since this is still emerging. We have seen how even the scam coins like PNZR never go to zero.

It just won't happen, not with so many investors around. BTC is like gold -an asset that will always have value even if that value depreciates with time.

[oktana]

Bitcoin price falls below $5k?Bitcoin price fall to Zero? It's not possible. Bitcoin current price is $57k-$59k and It's still rising.Although It's not legal in many others country, Yet it doesn’t stop any country.

Did you just use 5k as an example? With the rate at which the adoption is going, Bitcoin may never drop more than 20k. I can't be sure of the lowest it can get to, but I know  for sure that Bitcoin is done with petty prices (At least not now that it is even being recognized the more)

[Ebede]

Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.

source

Bitcoin can't go down to such extent because people still demand for Bitcoin always, instead it will be rising, even without involving trading and other activities involves in Bitcoin it will make well because of how influential is Bitcoin and generally cryptocurrency.