Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly
It's unlikely to happen and only a disruption of the chain can cause that but the blockchain is already ten years old and has gone through a lot it's very stable but if even it goes down to $1 I'll buy with my spare money hopefully at least $300, we never know it could recover and get back on its old price and I will be a millionaire, it could happen to other coins but I doubt the father of Cryptocurrency will crash to $1.
As I know, there are no computers now that can destroy bitcoin's blockchain, but actually, we don't know what will be in the future, and if people invent such a powerful computer one day, it can cause the crash of this chain and maybe Bitcoin will just disappear as a technology. But of course, I don't admit such a thought and I will continue investing in Bitcoin for a long term.
Yes, anything can happen, but for the future I think that with the development of increasingly sophisticated technology, cryptocurrencies will grow bigger because I think that Cyptocurrency will be a digital currency that is very beneficial for life in the future.
The system that crypto offers if being expedite deeper will really be helpful in the long run, it's about adoptions and we might see every venue from financial system will embraced this new technology, we just don't know if there's new upcoming competitions that will attract more interest from the current end users.
The securities still in the hands of the team behind, if there's any potential threats, they are the frontline that will go to avoid any crash. Bitcoin or crypto is already big market.
It will be a huge issue if things like this will take place. Hopefully, it won't.
