This is why BITCOIN will never go to ZERO

[Renampun]

source

As usual, when the market is bearish, China gives a statement attacking bitcoin and they have stated this over and over every year...

Satoshi once said that the lost Bitcoins as well as the Bitcoin holders are strong milestones for keeping the Bitcoin price in check. so as long as someone holds bitcoins, lost bitcoins as well as bitcoin traders the probability of bitcoin price going to zero is 0.1%

china and other countries that don't like bitcoin will always take advantage of the moment (most often when the market is bearish) to spread their FUD to everyone in the world, but they will always fail because Bitcoin is already embedded in the minds of millions of people (CZ said)

I also present a good topic, as supporters Bitcoin will always survive;

• Bitcoin doesn't care!
• Reasons why I prefer Bitcoin over any other assets and dips don't panic me....
• Fear is not Real.
• Why Does Bitcoin Have Value?
• Why is Bitcoin valuable? Great answer from Redditor VitaminBTC

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[DapanasFruit]

I really don't understand what can be the very reason why China would still allot some time and resources just to make a statement like that. They already kicked Bitcoin out of China so why still wade into it. Can it because they know that the government of China has not actually stamped out Bitcoin from the people...meaning that there still some number of Chinese who continually believe and hold Bitcoin? Frankly speaking, I am also getting discouraged with Bitcoin but if I have the money to do so maybe I would be buying more BTC because with this statement coming from China the opposite is actually coming: BTC will soon be gaining grounds and not grind to zero! 

[tranthidung]

• Bitcoin is not dead but it was called as dead 450+ times.
• Bitcoin bull run, it's time to debunk Bitcoin FUD. Bull or bear market, fud is fud ad you must debunk it.
• How is the 21 Million Bitcoin Cap Defined and Enforced?. Read it and be ready for next few halvings. After next 4 to 5 halvings, you will see how the world will react with Bitcoin. Remember we can not revert time or reverse Bitcoin blocks to few previous halvings.

[worle1bm]

We always face same situations where when prices are going down people start saying the same bullshit again that it's bubble it will go to zero and all other nonsense talks but yes bitcoin doesn't care at all and so is the strong btc supporters.When look at the past how much growth we have made and understanding the future adoption we will not panic much and it stands a great future ahead so we don't need to worry.When it will be at $100k then buying at ATH would also land you in profits and it's not mere fake talks.

[pooya87]

It's not just China, all the corrupt authoritarian regimes have been making similar statements. For example the American Mouthpiece such as Fox News have been spreading basically the same doomsday propaganda against bitcoin.

This looks like a very good sign to me because it proves that Bitcoin has been very successful that it has struck fear into all these dictatorships. We are in a new stage where they feel so threatened by it that they have to start attacking Bitcoin.

[mindrust]

Bitcoin has holders of the last resort. These people are guarding bitcoin day&night. There will always be a price support for bitcoin. Whether it is at $10k or $100 it doesn't matter. People will always want to buy some no matter what the price is. Can it go down to $1k? Sure, it can but sooner or later it will make a new ATH too. Those people will buy bitcoin no matter what the price is and eventually the supply will dry out.

[davis196]

I really don't understand what can be the very reason why China would still allot some time and resources just to make a statement like that. They already kicked Bitcoin out of China so why still wade into it. Can it because they know that the government of China has not actually stamped out Bitcoin from the people...meaning that there still some number of Chinese who continually believe and hold Bitcoin? Frankly speaking, I am also getting discouraged with Bitcoin but if I have the money to do so maybe I would be buying more BTC because with this statement coming from China the opposite is actually coming: BTC will soon be gaining grounds and not grind to zero! 

Many Chinese people are still using Bitcoin/crypto illegally. That's why the Chinese authorities keep the FUD propaganda. They simply cannot stop all the crypto enthusiasts in from using cryptocurrencies.
The seconds reason is pushing the digital yuan, by trying to FUD on the cryptocurrencies.
I wonder why the Chinese FUDsters are so focused on Bitcoin. BTC is the most stable and secure cryptocurrency(by stable I mean that the blockhain is stable, not the price). BTC price might never go down to zero. The FUDsters should be focused on the shitcoins, because the shitcoins are the real problem of the crypto world, not Bitcoin.

[KaliLinux]

I really don't understand what can be the very reason why China would still allot some time and resources just to make a statement like that. They already kicked Bitcoin out of China so why still wade into it. Can it because they know that the government of China has not actually stamped out Bitcoin from the people...meaning that there still some number of Chinese who continually believe and hold Bitcoin? Frankly speaking, I am also getting discouraged with Bitcoin but if I have the money to do so maybe I would be buying more BTC because with this statement coming from China the opposite is actually coming: BTC will soon be gaining grounds and not grind to zero!  

No doubt that China already understands what Bitcoin is and represents and they are trying by all means necessary to continue to not only stops its citizens from trading and using it, they still want to spread that same FUD to the world. Just days ago I saw this post too
Chinese messaging app WeChat bans accounts involved in crypto from this thread https://bitcointalk.org/index.php?topic=5403603.msg60418031#msg60418031
It was the Bitcoin mining Ban whose effects didn't last long then the numerous Bans which are still not having effects on Bitcoin and now is a prediction of Zero price Don't worry China, me, I am prepared to take all losses if it does happen.

[mk4]

The simple fact alone that I will have a huge buy offer at $0.0001 per BTC if ever BTC crashes that hard(obviously very unlikely that I'd even call it impossible), is enough proof that bitcoin will never go to zero.

[killerfrost]

One thing I learned from participating in the forum is that whether the news source is generated during a bull market or a bear market, they serve different purposes. And what I find interesting is that influential organizations and individuals are no exception. There are mixed views, and here, like some people, I find things that drive prices down and then buy them back up, a manipulation that makes many people panic or sad. I'm basically a bitcoin lover, so after so many years with information like this, I'm just taking it as a bit of entertainment during difficult times, and let's be optimistic with BTC in the future, everything only that

[Kakmakr]

Have you ever noticed that when the Bitcoin price is low..... most media platforms will start spreading FUD and telling people that the heavens are going to fall..... and Bitcoin is going to zero.... but they hardly mention Bitcoin when there is a price spike. 

This is "selective" reporting that are backed by a hidden agenda not to highlight Bitcoin's price when it is booming....and to do the opposite, when the price are crashing. (They say, good news does not sell papers.... but mainstream media are trying to manipulate the public, by just highlighting bad news about Bitcoin) 

[hZti]

Bitcoin will never go to 0 since even if it would go to zero it would quickly go up again. This is because 21 Million coins is not that much, so if the price goes to 1 Cent for example I could buy up all bitcoins in existence for only 210k USD. If you now consider all the BTC that are lost and in storage, I could even buy them for maybe 50K USD. (And if I ever have the whole supply you can be sure you won't get a coin for under 1 Million USD back)

[dimonstration]

Have you ever noticed that when the Bitcoin price is low..... most media platforms will start spreading FUD and telling people that the heavens are going to fall..... and Bitcoin is going to zero.... but they hardly mention Bitcoin when there is a price spike. 

This is "selective" reporting that are backed by a hidden agenda not to highlight Bitcoin's price when it is booming....and to do the opposite, when the price are crashing. (They say, good news does not sell papers.... but mainstream media are trying to manipulate the public, by just highlighting bad news about Bitcoin) 

China is known as against Bitcoin. They usually make such comment regardless of what the Bitcoin situation as long as Bitcoin getting attention again by mainstream. We can see many article and news like this in daily basis but people are just bringing it up now to fuel the dump just like what you said as selective but not reporting. The readers are the one giving importance to it due to the current situation. This kind of news will be completely ignored if the price of Bitcoin is normal or pumping.

The main problem are those crypto people that easily being scared for news that is irrelevant if we really think about it.

[hZti]

China is known as against Bitcoin. They usually make such comment regardless of what the Bitcoin situation as long as Bitcoin getting attention again by mainstream. We can see many article and news like this in daily basis but people are just bringing it up now to fuel the dump just like what you said as selective but not reporting.

China is against everything that they can not control, since the people of china are basically slaves to their own government. The mistake of the Chinese government is that Chinese people because of this media dump their coins when price is low and start to buy when it is high. So in the end they loose money to the rest of the world.

[Baofeng]

Freedom, and that's why China and other authoritarian regime are afraid of. They will and won't give that freedom (be it financial or the power to the people to speak or act). And what better way to kick a dead horse? when they are down. Fortunately, even country as big as China doesn't have that influence on bitcoin market on the long term. And once we are in a bull market again, they will say that bitcoin is harming the environment and any arguments that will put it on the bad light.

[FatFork]

Have you ever noticed that when the Bitcoin price is low..... most media platforms will start spreading FUD and telling people that the heavens are going to fall..... and Bitcoin is going to zero.... but they hardly mention Bitcoin when there is a price spike. 

This is "selective" reporting that are backed by a hidden agenda not to highlight Bitcoin's price when it is booming....and to do the opposite, when the price are crashing. (They say, good news does not sell papers.... but mainstream media are trying to manipulate the public, by just highlighting bad news about Bitcoin) 

Indeed. This isn't a shocking, new phenomenon by itself, of course, but it's still worth highlighting just how much some people still don't get it. This sort of "negative" hype has been a primary tenet of practically every "crypto crash" prediction that has emerged in the past. In fact, not only has this trend of "skyfall" predictions been witnessed consistently since Bitcoin first started making headlines....but this hype never seems to end up panning out for the naysayers. These "skyfall" predictions should not be treated as a reliable indicator, but rather be dismissed out of hand. Those who spread this sort of negative hype, may end up regretting it later on. Just my personal opinion.

[PrivacyG]

Have we not learned our lesson yet?  They are all playing the legality/survival game on us.  It is just so easy for them to move markets with just few words.  They can make significant changes and turn markets bearish to accumulate or bullish to sell out.

I however suspect they are likely trying to throw FUD into the wild to make the current bear run worse so they can accumulate.  They surely know and despise that some other governments and billionaires are earning more purchasing power through Bitcoin buys.  They surely know Bitcoin is here to stay, I doubt they have a distorted vision of what Bitcoin truly is a decade after it became a popular thing.

Bitcoin is never going to zero.  I know it.  You know it.  They know it.  But they need a strategy and since most of the governments missed the train, they are trying to catch up.

-
Regards,
PrivacyG

[Fivestar4everMVP]

One thing i can tell you all is that we all should not underestimate China, they probably know what they are doing, they are market manipulators, it is highly possible that they are using their influential power to manipulate the price of Bitcoin and the cryptocurrency market in general, making the world to believe that they don't like Bitcoin and are against it, meanwhile indoors, they are busy buying Bitcoin each time they manage to cause its price to dump, and also selling them when the price goes up, thereby secretly gathering some good wealth for themselves and their economy, This is highly possible.

And also, i believe its just a matter of time and their stance on Bitcoin will become irrelevant to everyone and their FUD statements will no longer cause a steer in the Bitcoin market anymore, it happened to late John McAfee , its happening to Elon Musk, it will soon be China's turn to be ignored.

[teosanru]

source

As usual, when the market is bearish, China gives a statement attacking bitcoin and they have stated this over and over every year...

Satoshi once said that the lost Bitcoins as well as the Bitcoin holders are strong milestones for keeping the Bitcoin price in check. so as long as someone holds bitcoins, lost bitcoins as well as bitcoin traders the probability of bitcoin price going to zero is 0.1%

china and other countries that don't like bitcoin will always take advantage of the moment (most often when the market is bearish) to spread their FUD to everyone in the world, but they will always fail because Bitcoin is already embedded in the minds of millions of people (CZ said)

I also present a good topic, as supporters Bitcoin will always survive;

Bitcoin doesn't care!

https://bitcointalk.org/index.php?topic=5309976.0

Reasons why I prefer Bitcoin over any other assets and dips don't panic me....

https://bitcointalk.org/index.php?topic=5375489.0

Fear is not Real.

https://bitcointalk.org/index.php?topic=5377324.0

Why Does Bitcoin Have Value?

https://bitcointalk.org/index.php?topic=5233364.0

Why is Bitcoin valuable? Great answer from Redditor VitaminBTC

https://bitcointalk.org/index.php?topic=5321875.0

Obviously bitcoin can now never go to zero, you see LUNA as a Cryptocurrency, even that after sucha. Huge failure couldn't go to zero it just came back up from some decimals so how can you expect bitcoin to go to zero, i am not even expecting bitcoin to go below 5k at this point in time you are saying it'll go to zero? It has some blind supporters who no matter what will always be buying Bitcoin thinking it'll revive one day.

[Viscore]

It's not just China, all the corrupt authoritarian regimes have been making similar statements. For example the American Mouthpiece such as Fox News have been spreading basically the same doomsday propaganda against bitcoin.

This looks like a very good sign to me because it proves that Bitcoin has been very successful that it has struck fear into all these dictatorships. We are in a new stage where they feel so threatened by it that they have to start attacking Bitcoin.

The fact that they are being threatened by bitcoin, so it means that they see lot of potentials in bitcoin that could trigger their own currency in the long run. Admit it or not, they won't be attacking bitcoin and create black propagandas in the first place if its incapable and useless. Hearing all those similar understatements for bitcoin from different anti bitcoin countries, i think it will initiate more motivation for bitcoin to increase its community's demand and finally become mainstream in the whole universe.