Is it Really Trustworthy?

[ultrloa]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

If your new to this kind of game better if you do cut loss now and wait for the movement of bitcoin the be at calm state or maybe just try to analyze how the market work at this moment since you can learn something big especially we are now on bear market condition. If you listen on wrong information you can call bitcoin as scam but if you just been resourceful you can point out that this is normal cycle of the market.

[Accardo]

It will be a great news because people that have $100 worth of bitcoin will be holding 100BTC when it eventually gets to $1. The goal of the technology is to hold, no matter the circumstances. They is no way people will regret why satoshi ever birthed bitcoin to this earth. You should have a positive thought about bitcoin not a negative one. You should be asking if we wake up to 100k per bitcoin. Because our thoughts are powerful. If bitcoin drops to $0 I'll hold you responsible

[Sterbens]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

OK, let's prove it!! no need for example tomorrow morning wake up. We can bet like men if tomorrow doesn't happen to Bitcoin, what can you bet?

It's not that easy, for example overnight. bitcoin is not a gamble that makes you lose 100% in a few seconds. We are already at the highest adoption. Nayib Bukele has made another purchase if logging into Zero just because of a drastic drop then you're wrong to come here and create a thread that can't be proven.

[Finestream]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

How can you think all these impossible things about bitcoin?  For me, i won't resort into panic as i'm confident to say that bitcoin will never end up like this. Yes, its price may drop continuously but it will always find ways to recover. And there is no way that bitcoin will become a scam, since there is no such coin to live more than a decade and yet, still end up a scam. But for shitcoins and all those meme coins, they may fall into scams in the end.

[KingsDen]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

Bitcoin is not dollars, so Bitcoin cannot be $0. What you meant I believe is if the dollar value of bitcoin is 0. Then, it means that each and everyone of us will have plenty bitcoin then.
I would say I'll buy more, but it might not be possible because bitcoin will have no dollar equivalent. But if we can buy with gold or other assets, I will have to accumulate more bitcoin and we will start again.
That scenario will happen if there is zero demand, but is it really possible?

[DanWalker]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

Questions like this do really pop out whenever bitcoins price do really dropped that hard which is something not really that new but to answer it out then if it goes to $0 then
you could obviously able to tell even when its still heading way down on which it is really been overtaken with some top altcoins for  sure and with that alone you could
already tell that people do make out some switching of trust and support.So whether you do accept your losses and jump immediately to other or would
simply buy to the lowest low.

Maybe this is not a funny question, this thought only occurs to people who have no faith in bitcoin and panic is covering them. It is also understandable if OP is a newbie to the market and has never experienced major market corrections.

If OP is holding bitcoin or alt , you can cutloss and secure the asset when you no longer trust bitcoin. If this is just a fun question and you have full confidence in bitcoin then buy bitcoin from now on and keep holding until bitcoin rises again.

[Adbitco]

Non dream for such action or event to happened any day maybe what is actually going on presently is to give a brand new opportunities to those who missed it at first phase were it was $8k to $15k and now they another great chance to buy again. So for me it's best time to acquire loads and brunch of it and get ready for the next move or hold for long.

[topman21]

We think negative thoughts all the time, never think positive thoughts. Suppose you wake up and see that Bitcoin has gone to $100k then what will be your attitude or thinking about what position you will be in when you wake up.Similarly, if Bitcoin moves to $0k we will have the opposite attitude.

[lovesmayfamilis]

I wouldn't care one bit. I knew from the start that it was an experimental tech which could go poof any moment. I knew the risks and bought it anyway.

If somebody said this is the safest and fastest way of getting rich and you believed him then you are the only one to blame.

"With great risk, comes great rewards." -Uncle Satoshi

Amazing. You read my mind.

OP, If you have such thoughts, please tell me how much bitcoin should be worth so that you really decide to buy it. I guess you won't buy it no matter how much it costs. If the price of it grows very quickly, you will say it is very expensive. And if the price falls, even then you will find excuses, saying that something will go wrong now.

It is from this that the world is divided into those who believe in bitcoin, and those who are still on their way to it.

[cryptomaniac_xxx]

Maybe if this is the beginning of bitcoin, this kind of thoughts would have crossed our minds. But it has been in existence for more than 10 years and we have seen the price grows. So I doubt that this kind of scenario will happen in the future unless all bitcoin holders, investors, speculators, traders, whales, retail and, institutional investors suddenly sold everything. So what are the chances that will happen?

[Chato1977]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

How will I be? of course I will sleep Again because surely this is just a Nightmare that I must woke up 

it has been asked several time according to my memory but only troll takes it seriously .

because a true Bitcoin supporter and believer will never let this thinking crosses His mind ,

[DapanasFruit]

When Bitcoin will finally be dead...that is it has gone down to $0 and therefore has no value at all then I would be getting all the money I got and buy as much as I can...because for sure I can sell it by making my BTC as NFT. Okay, am just kidding. Now, having said that, we have to notice that every time Bitcoin is in trouble people can be asking many negative questions and can be expressing a lot of fear...but as soon as the price will be moving up again we then forget everything and just get excited for it. How many times has had Bitcoin died already...and how many resurrections it was able to accomplished so far?

[ChiBitCTy]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

It’s literally not possible for bitcoin to go to zero over night. It’s just like with the stock market, I often get asked by clients “what if all my money goes to zero one day” this just isn’t realistic. In regards to if we found out it’s a scam, this is impossible as well. Bitcoin is virtually open source, we can fully see how it operates therefore we already know it’s not a scam.

[bitcrystal]

these kinds of thoughts are what cause people from buying at these kinds of levels. its only people who dont arent investing what they can afford to lose that takes things to heart and over calculate. there is a high possibility that what are thinking wont happen, even if its happen it wont be overnight except you dont know how bitcoin works or its tetchnology.

[Vaculin]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

This is unbelievable. Bitcoin will never turn into a scam and will never drop into 0 value. A single coin will only be valueless if there is no longer demand anymore. But with bitcoin, the demand is still very high. Although its price has dropped significantly in the past few days, but we have always seen it recovering. However, what you are saying could only happen to shitcoin. And bitcoin will never be a shitcoin, that's for certain.

[Dunamisx]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

How on Earth could you thought of this at first place, I think its high time for you to understand that bitcoin is quite different from altcoins almost referred to as shitcoins, this is what you should expect as a bitcoiner, volatility is not something of much concern in bitcoin price and if you give it a closer look base on the past years of event of Halving.

You could deduce that whenever the price is about to rise then it falls but not as below where it was before the previous Halving that occurred not to now talk of going as total down to $0 which is an indication that you don't understand how it works with price volatility or probably you don't understand the distinct difference between bitcoin and altcoins.

[fullhdpixel]

How can you think all these impossible things about bitcoin?  For me, i won't resort into panic as i'm confident to say that bitcoin will never end up like this. Yes, its price may drop continuously but it will always find ways to recover. And there is no way that bitcoin will become a scam, since there is no such coin to live more than a decade and yet, still end up a scam. But for shitcoins and all those meme coins, they may fall into scams in the end.

God bless you for this wonderful points, assuming this thread was about shitcoins, I would not have any doubt the fact that it could be scam or could varnish anytime. But, we are talking about Bitcoin here, hello!! BTC is here to stay, it’s about time we understood this fact. I have bitcoin and my trust in it is always 100% whether the market is going down or not. It’s not like having shitcoins, if that’s what I had, I will stay be very afraid.

[Dumbsize]

It is quite impossible because bitcoin is not a scam. Such large valuation assets have a significant impact on the world economy.
Moreover, by chance, if it happens do not panic and plan your future moves because ups and downs in trading are very common.

[GreatArkansas]

It is quite impossible because bitcoin is not a scam. Such large valuation assets have a significant impact on the world economy.
Moreover, by chance, if it happens do not panic and plan your future moves because ups and downs in trading are very common.

It will always be possible. OP got a point here, we will know what will happen in the future, I am not saying that I am negative on Bitcoin. I hold Bitcoin too for the long term.
To answer the question of OP, I'll move on and accept it. Even though it is impossible for me but if that day will come, I have no choice, I was once a believer and I am not the only one that will get disappointed for sure.

[horrifiedx1]

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

if that happens, of course at first we will feel like the world is doomed because many of our treasures will be lost. if bitcoin $ 0, then other altcoins will not survive either. so this will be horrendous news in the world. learn from luna, there are some people who are said to have committed suicide, especially if this happened to bitcoin. but I will not do that, because some of my assets are diversified into other assets outside of crypto