This is why BITCOIN will never go to ZERO

[darkv0rt3x]

I like to think it this way:
The ultimate goal of Bitcoin is to "consume" all value in existance in fiat right now. This value is being transferred slowly while adoption is not yet the greatest. But the value transferred into Bitcoin is increasing, so, while adoption keeps happening, the value in Bitcoin wil also increase. With hodlers, traders and adoption, I don't believe that Bitcoin can ever go to zero, not even 0.1%!

[Mate2237]

I like to think it this way:
The ultimate goal of Bitcoin is to "consume" all value in existance in fiat right now. This value is being transferred slowly while adoption is not yet the greatest. But the value transferred into Bitcoin is increasing, so, while adoption keeps happening, the value in Bitcoin wil also increase. With hodlers, traders and adoption, I don't believe that Bitcoin can ever go to zero, not even 0.1%!

When you mentioned the "ultimate goal of bitcoin as consume", I am still confused boss. So I will like you to tell me more on that. And I know that bitcoin is not on this Earth to consume the Fiat Currency but to support the Fiat to create stability from inflation. Yes I agree with you on the value of bitcoin increment. The value increase day by day and the individual adoption of the technology is also increasing rapidly but the only part that is still holding the development of bitcoin across boarders is the government adoption in their various countries.
Once the various countries accept the new technology to be used in their Countries then the value will increase the most. And for bitcoin to go back to zero percent is not possible again because the individual adoption is high.

[darkv0rt3x]

I like to think it this  DO NOT POST SESC LINKS
The ultimate goal of Bitcoin is to "consume" all value in existance in fiat right now. This value is being transferred slowly while adoption is not yet the greatest. But the value transferred into Bitcoin is increasing, so, while adoption keeps happening, the value in Bitcoin wil also increase. With hodlers, traders and adoption, I don't believe that Bitcoin can ever go to zero, not even 0.1%!

When you mentioned the "ultimate goal of bitcoin as consume", I am still confused boss. So I will like you to tell me more on that. And I know that bitcoin is not on this Earth to consume the Fiat Currency but to support the Fiat to create stability from inflation. Yes I agree with you on the value of bitcoin increment. The value increase day by day and the individual adoption of the technology is also increasing rapidly but the only part that is still holding the development of bitcoin across boarders is the government adoption in their various countries.
Once the various countries accept the new technology to be used in their Countries then the value will increase the most. And for bitcoin to go back to zero percent is not possible again because the individual adoption is high.

I said that just like the EURO "consumed" all currencies that adhere to the EURO. And in an ideal scenario, there will be no fiat. Why you say that Bitcoin is to support the fiat? Bitcoin is the opposite of fiat, or at least has almost opposite properties and goals!

[ScamViruS]

Ten years ago people would have believed such a statement that the Bitcoin price would go to zero. But now no one will believe this who knows about Bitcoin. China has always been working against Bitcoin, creating one FUD after another and creating a negative impact on the market. But Bitcoin has overcome those negative effects every time and now Bitcoin has become an acceptable asset to the new generation.

You cannot expect the Chinese Communist government to give the citizens of China the right to conduct financial transactions freely. But no matter what China does against Bitcoin, at the end of the day Bitcoin is here to stay and in the future it will spread even faster to smart new generations ignoring the Chinese ban. So I think Bitcoin will never go to zero.

[bayudndy]

At the moment i think this would also be very illogical to happen, seeing how long it took bitcoin to reach its current state makes me more confident that its value will always grow in time.
Some of the fiction stories that I've seen on many movies talk about the future life of people in war, or natural disasters,... and it's also very unlikely to happen like a tragedy right now disaster with the economy causing things like bitcoin to lose the status it created.

[fuguebtc]

Ten years ago people would have believed such a statement that the Bitcoin price would go to zero. But now no one will believe this who knows about Bitcoin. China has always been working against Bitcoin, creating one FUD after another and creating a negative impact on the market. But Bitcoin has overcome those negative effects every time and now Bitcoin has become an acceptable asset to the new generation.

You cannot expect the Chinese Communist government to give the citizens of China the right to conduct financial transactions freely. But no matter what China does against Bitcoin, at the end of the day Bitcoin is here to stay and in the future it will spread even faster to smart new generations ignoring the Chinese ban. So I think Bitcoin will never go to zero.

China or America is just a single country, they don't represent the whole world, so they are nothing. Even if China joins hands with the US, the two biggest powers in the world, to stop bitcoin, I believe they will not be able to stop it, let alone a China. It can be said that bitcoin going to 0 is unlikely, the probability of that happening is very low if not zero. In the past, I also had doubts about the future of bitcoin, but with what I have seen bitcoin achieve, those doubts have almost disappeared.

Yes, the future is unpredictable, but the probability of bitcoin going to zero is very low, and we don't need to worry too much about that.

[adzino]

-snip-
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

If the probability is 0.1%, then how is it that you are saying it will never go to zero? But yeah, very highly unlikely it is going to happen. As long as there is some people buying and selling bitcoin, it will have some value. I don't see any reason for it to go to zero, other than situations like if something very bad happens to the network such as a flaw that makes crypto currencies futile/deprecated. But even in such situations, I am sure people will come up with some sort of solution that will save crypto currencies.
And don't forget, Bitcoin is a global currency. So it doesn't matter what China says about bitcoin. It shouldn't affect the rest of the world.

[darkv0rt3x]

I like to think it this way:
The ultimate goal of Bitcoin is to "consume" all value in existance in fiat right now. This value is being transferred slowly while adoption is not yet the greatest. But the value transferred into Bitcoin is increasing, so, while adoption keeps happening, the value in Bitcoin wil also increase. With hodlers, traders and adoption, I don't believe that Bitcoin can ever go to zero, not even 0.1%!

It would destroy a huge industry if that would happen. Now people can't afford it

Which industry? I am not following. What you mean that now people cannot afford it? In order to Bitcoin to have more value, fiat must come into Bitcoin. The more Bitcoin is bought with fiat, the higher the value of Bitcoin will be. And eventually, people will start using more and more Bitcoin and avoiding fiat.

And now that I think of it, maybe you have a point. Even if all fiat would come to Bitcoin, that fiat would still exist in someone's hands and also, if because of that, the states ever needed more fiat for their delusions, they woul print more and more!

[ScamViruS]

~~~

China or America is just a single country, they don't represent the whole world, so they are nothing. Even if China joins hands with the US, the two biggest powers in the world, to stop bitcoin, I believe they will not be able to stop it, let alone a China. It can be said that bitcoin going to 0 is unlikely, the probability of that happening is very low if not zero. In the past, I also had doubts about the future of bitcoin, but with what I have seen bitcoin achieve, those doubts have almost disappeared.

And that's why we think it's safe here. China has not completely impacted Bitcoin, but has temporarily impacted the market in the past. China, America most often create drama to create FUD against Bitcoin. But Bitcoin crushes all the negativity every time. Because no one has the power to stop Bitcoin, the more they ban Bitcoin, the more they try to control Bitcoin, the more Bitcoin's popularity will continue to grow. Bitcoin has a lot more to achieve, which we hope to see in the near future. So while no specific country can control Bitcoin, the Bitcoin community is huge and growing.

[macson]

At the moment i think this would also be very illogical to happen, seeing how long it took bitcoin to reach its current state makes me more confident that its value will always grow in time. time.
Some of the fiction stories that I've seen on many movies talk about the future life of people in war, or natural disasters,... and it's also very unlikely to happen like a tragedy right now disaster with the economy causing things like bitcoin to lose the status it created.

natural disasters and wars in the future might happen and there are even some rumors that say there will be an internet apocalypse in the next few years, even so bitcoin will not be erased in the minds of millions of people, even though the internet doesn't exist, we can still transact bitcoin with systems such as SMS.

the volatility of the bitcoin price is its nature, no one will be able to change that but for bitcoins to have no value is impossible, people will not let that happen, they will continue to buy and sell bitcoins.

[darkv0rt3x]

~~~

China or America is just a single country, they don't represent the whole world, so they are nothing. Even if China joins hands with the US, the two biggest powers in the world, to stop bitcoin, I believe they will not be able to stop it, let alone a China. It can be said that bitcoin going to 0 is unlikely, the probability of that happening is very low if not zero. In the past, I also had doubts about the future of bitcoin, but with what I have seen bitcoin achieve, those doubts have almost disappeared.

And that's why we think it's safe here. China has not completely impacted Bitcoin, but has temporarily impacted the market in the past. China, America most often create drama to create FUD against Bitcoin. But Bitcoin crushes all the negativity every time. Because no one has the power to stop Bitcoin, the more they ban Bitcoin, the more they try to control Bitcoin, the more Bitcoin's popularity will continue to grow. Bitcoin has a lot more to achieve, which we hope to see in the near future. So while no specific country can control Bitcoin, the Bitcoin community is huge and growing.

I also agree with that. The forbidden fruit will always be the most wanted. And if they try to criminalize it, then it will be more and more wanted! And the more wanted, probably the higher the price will also be. Higher price makes it suitable for more investment, more development and even more sentiment of a must have asset!

[n0ne]

Exchanges hold big volume of bitcoin and have control over the user funds, same time there is big volume being placed on decentralised networks. Even at the very worse scenario it is possible to see good number of people using bitcoin and other crypto currencies. This won't let the price drop down to zero. Until the market have circulation the possibility of bitcoin to drop down to zero is nil. We can assume a situation when a particular government takes control of the entire volume of bitcoins mined. Is that possible? No. For more such reasons it is assured that the price won't reach zero.

[flyingcarpet]

~~~

China or America is just a single country, they don't represent the whole world, so they are nothing. Even if China joins hands with the US, the two biggest powers in the world, to stop bitcoin, I believe they will not be able to stop it, let alone a China. It can be said that bitcoin going to 0 is unlikely, the probability of that happening is very low if not zero. In the past, I also had doubts about the future of bitcoin, but with what I have seen bitcoin achieve, those doubts have almost disappeared.

And that's why we think it's safe here. China has not completely impacted Bitcoin, but has temporarily impacted the market in the past. China, America most often create drama to create FUD against Bitcoin. But Bitcoin crushes all the negativity every time. Because no one has the power to stop Bitcoin, the more they ban Bitcoin, the more they try to control Bitcoin, the more Bitcoin's popularity will continue to grow. Bitcoin has a lot more to achieve, which we hope to see in the near future. So while no specific country can control Bitcoin, the Bitcoin community is huge and growing.

I also agree with that. The forbidden fruit will always be the most wanted. And if they try to criminalize it, then it will be more and more wanted! And the more wanted, probably the higher the price will also be. Higher price makes it suitable for more investment, more development and even more sentiment of a must have asset!

Whoever explains the decline in Bitcoin's value secretly aims to buy the most Bitcoin. They do this at regular intervals, every month, every year. Except for new entrants to the Bitcoin market, these news are no longer taken seriously. When any government makes negative news about bitcoin, it expects other states to do the same. Or government, company, institution, individuals etc.

There can no longer be any mention of 0 in Bitcoin value discussions. Those who make such statements about the Bitcoin market should not be taken seriously.

[Wend]

At the moment i think this would also be very illogical to happen, seeing how long it took bitcoin to reach its current state makes me more confident that its value will always grow in time. time.
Some of the fiction stories that I've seen on many movies talk about the future life of people in war, or natural disasters,... and it's also very unlikely to happen like a tragedy right now disaster with the economy causing things like bitcoin to lose the status it created.

natural disasters and wars in the future might happen and there are even some rumors that say there will be an internet apocalypse in the next few years, even so bitcoin will not be erased in the minds of millions of people, even though the internet doesn't exist, we can still transact bitcoin with systems such as SMS.

the volatility of the bitcoin price is its nature, no one will be able to change that but for bitcoins to have no value is impossible, people will not let that happen, they will continue to buy and sell bitcoins.

Do you mean bitcoin can still exist without the internet? I will oppose and disagree with this view. Nowadays, people are creating ways to send and receive bitcoins by SMS, but after all, the bitcoin network will disappear, and bitcoin will go to zero without the internet. How can something created on the internet exist if the internet doesn't exist? This is excessive and unnecessary bitcoin exaggeration. Bitcoin will always depend on the internet and electricity, and there will be no way for bitcoin to separate from its dependence on them.

[Quidat]

At the moment i think this would also be very illogical to happen, seeing how long it took bitcoin to reach its current state makes me more confident that its value will always grow in time. time.
Some of the fiction stories that I've seen on many movies talk about the future life of people in war, or natural disasters,... and it's also very unlikely to happen like a tragedy right now disaster with the economy causing things like bitcoin to lose the status it created.

natural disasters and wars in the future might happen and there are even some rumors that say there will be an internet apocalypse in the next few years, even so bitcoin will not be erased in the minds of millions of people, even though the internet doesn't exist, we can still transact bitcoin with systems such as SMS.

the volatility of the bitcoin price is its nature, no one will be able to change that but for bitcoins to have no value is impossible, people will not let that happen, they will continue to buy and sell bitcoins.

Do you mean bitcoin can still exist without the internet? I will oppose and disagree with this view. Nowadays, people are creating ways to send and receive bitcoins by SMS, but after all, the bitcoin network will disappear, and bitcoin will go to zero without the internet. How can something created on the internet exist if the internet doesn't exist? This is excessive and unnecessary bitcoin exaggeration. Bitcoin will always depend on the internet and electricity, and there will be no way for bitcoin to separate from its dependence on them.

People should at least having that realistic approach on things and its true that being too much optimistic towards it would really be leading into those things which are already that exaggerated which we know that it cant really be that possible but its true that without internet and electricity then there's no way that it would really be able to push transactions without these things or simply it cant really be able to move on or process. About on the talking about going zero in value then everything would really vary or depend on the demand because we know that this is the primary key for it to have high value. It is really just that there are people who dont make use of their common sense on factors which do mainly affects or much needed in overall space.
There's no assurance on Bitcoins future though because we dont actually know on what would happen in the future and everything would really be depending or varying on overall recognition and demand just like i said earlier.

[posi]

At the moment i think this would also be very illogical to happen, seeing how long it took bitcoin to reach its current state makes me more confident that its value will always grow in time. time.
Some of the fiction stories that I've seen on many movies talk about the future life of people in war, or natural disasters,... and it's also very unlikely to happen like a tragedy right now disaster with the economy causing things like bitcoin to lose the status it created.

natural disasters and wars in the future might happen and there are even some rumors that say there will be an internet apocalypse in the next few years, even so bitcoin will not be erased in the minds of millions of people, even though the internet doesn't exist, we can still transact bitcoin with systems such as SMS.

the volatility of the bitcoin price is its nature, no one will be able to change that but for bitcoins to have no value is impossible, people will not let that happen, they will continue to buy and sell bitcoins.

Do you mean bitcoin can still exist without the internet? I will oppose and disagree with this view. Nowadays, people are creating ways to send and receive bitcoins by SMS, but after all, the bitcoin network will disappear, and bitcoin will go to zero without the internet. How can something created on the internet exist if the internet doesn't exist? This is excessive and unnecessary bitcoin exaggeration. Bitcoin will always depend on the internet and electricity, and there will be no way for bitcoin to separate from its dependence on them.

People should at least having that realistic approach on things and its true that being too much optimistic towards it would really be leading into those things which are already that exaggerated which we know that it cant really be that possible but its true that without internet and electricity then there's no way that it would really be able to push transactions without these things or simply it cant really be able to move on or process. About on the talking about going zero in value then everything would really vary or depend on the demand because we know that this is the primary key for it to have high value. It is really just that there are people who dont make use of their common sense on factors which do mainly affects or much needed in overall space.
There's no assurance on Bitcoins future though because we dont actually know on what would happen in the future and everything would really be depending or varying on overall recognition and demand just like i said earlier.

As bitcoin investors, we all don't want bitcoin to go to zero, and we want it to be worth millions of dollars. But we need to be realistic that bitcoin is very young, and it is difficult to confirm anything about it in the future. Moreover, with the tremendous development of technology, creating something superior to bitcoin is not impossible, so don't be too subjective.
And you are right one more thing is that the value and existence of bitcoin will depend on our needs, it is we who decide its future and not any other factor.

[Patrol69]

Bitcoin is currently positioned as the local currency of various countries. Bitcoin is being transferred from one person to another just as the local currency of different countries is transferred from one person to another. That is, not only investors are selling bitcoins, but when an investor sells bitcoins, it appears that other investors are buying bitcoins, bitcoins are changing hands like paper money. If Bitcoin changes hands from one person to another in this way, the value of Bitcoin will never return to zero. The risk of Bitcoin price going to zero will arise when only people will sell Bitcoins if the rate of selling Bitcoins is higher than buying them, then the price of Bitcoins will gradually decrease.

[wxa7115]

I also agree with that. The forbidden fruit will always be the most wanted. And if they try to criminalize it, then it will be more and more wanted! And the more wanted, probably the higher the price will also be. Higher price makes it suitable for more investment, more development and even more sentiment of a must have asset!

Bitcoin is a desired currency because of its usefulness, if bitcoin was forbidden by a country then part of its usefulness will go disappear as it will not be able to be used on the open markets anymore, and this will reduce its demand as well.

However depending on the context such a ban took place it may not mitigate the desire to get more bitcoin, for example if such country was going through a difficult economic crisis then people could ignore that ban in order to escape the inflation caused by printing too much fiat or even an increase on the taxes they need to pay, and in that case the demand for bitcoin will remain high despite the ban.

[Rupok]

As far as I know China bans crypto related accounts so trying to get Bitcoin out of China.  China is spreading various news to discourage Bitcoin. However, there are some Chinese who still believe and hold Bitcoin. In bear market, people have more fear, so when the price drops, they become more restless.  BTC is the most stable and secure cryptocurrency and Bitcoin growth rate is increasing day by day, so it is impossible for BTC price to go below zero.Prices in the cryptocurrency market may fluctuate, but it is unlikely that it will ever go to zero.  Currently, Bitcoin's position has come a long way.

[irhact]

natural disasters and wars in the future might happen and there are even some rumors that say there will be an internet apocalypse in the next few years, even so bitcoin will not be erased in the minds of millions of people, even though the internet doesn't exist, we can still transact bitcoin with systems such as SMS.

Do you mean bitcoin can still exist without the internet? I will oppose and disagree with this view. Nowadays, people are creating ways to send and receive bitcoins by SMS, but after all, the bitcoin network will disappear, and bitcoin will go to zero without the internet. How can something created on the internet exist if the internet doesn't exist? This is excessive and unnecessary bitcoin exaggeration. Bitcoin will always depend on the internet and electricity, and there will be no way for bitcoin to separate from its dependence on them.

Everything depends on the internet and electricity nowadays and so does Bitcoin, Internet and electricity has become a part of human existence. Everything is now done on the internet and we need electricity to recharge the devices we use to access the internet. We don't have to be scared of the internet and electricity seizing to exist because we'll find other means to get light and internet as we always do and the use of bitcoin will continue as usual.

The use of radio signals through sms to send Bitcoin hasn't been fully adopted but that doesn't mean it hasn't been done. Without the internet we won't be able to trade Bitcoin as that'll take away the decentralized benefits of Bitcoin as P2P will now be done physically.