Can Bitcoin be worth zero?

[Rupok]

Bitcoin is the king of all coins, all cryptocurrencies depend on Bitcoin.Because Bitcoin exists, there are various altcoins and cryptocurrencies. Bitcoin is one of the most valuable coins in the world right now.Bitcoin is being thought of on an international level. Bitcoin is now legalized in various countries, and most banks support Bitcoin.Bitcoin is being traded in various markets. Bitcoin has played a very big role in the world economy. Where Bitcoin is so far ahead, can Bitcoin fall to zero?Bitcoin is nothing to worry about, no coin has overtaken Bitcoin yet and never will.

[Alert31]

Only altcoins with no real usecase can drop to zero but not bitcoin. If you know the starting value of bitcoin, then after a year it surge highand then it reached more than $60k, I'm sure you will not think again that it will drop to zero despite of a bear market. Maybe now bitcoin ia in a downtrend but after a year it will bounce back because bitcoin already the king of all crypto and people beleive it will recover soon from this bad market condition.

[tomos81]

Bitcoin is the lifeblood of crypto-currencies. I don't think there will ever be a case where Bitcoin will go to zero. If Bitcoin is Zero then I think the whole cryptocurrency will be stagnant. But nobody would invest here if it wasn't more or less normal for bitcoin prices to fluctuate. So I think there is absolutely zero possibility.

[Coin BTC]

In my opinion this will be very unlikely to happen, the value and price of Bitcoin will not go down to zero, maybe it is true that the current market price is declining usually called a bear market (Bearish), but with this it cannot be concluded that this will make the value of Bitcoin will continue down to zero.

[FlamingFingers]

Bitcoin can not drop to zero, it is not like other altcoins that does not have value in the market. If Bitcoin is experiencing the bear market that doesn't mean the price of bitcoin will drop to zero. It is only shit coins that have the tendency to drop to zero.

You are right bitcoin cannot drop to zero, bear market will make people think that bitcoin will drop to zero meanwhile dip is highly required after a huge pump, bitcoin was once at $50 per unit, now its worth more than $20k, such an amazing increase, and if bitcoin tries get back to $10k lots of people will be thinking bitcoin will go to zero which is not possible, for a healthy growth of the market a correction is highly important, which tends to be the bear market, soon bull market will arrive but no one knows when

[so98nn]

I don't want to compare but have you ever wondered Gold going all the way to zero? I understand it's metal and shit, however bitcoin is something similar in digital format and more anonymous than storing Gold in the grandpa's locker. Bitcoin is advanced version of it, with great potential that it has proven again and again over the short period of time. In addition to it's salient features Bitcoin's volatility is actually it's wonderful power since it contributes to greater daily trades, long term hodling trades and more. It gives investors chance to buy over and over again when it's dipping and this wat the list goes on and on. So I am pretty sure everyone is convinced why Bitcoin can't go to zero, for it's perfect returning valuation property!

[Charles-Tim]

I don't want to compare but have you ever wondered Gold going all the way to zero? I understand it's metal and shit, however bitcoin is something similar in digital format and more anonymous than storing Gold in the grandpa's locker. Bitcoin is advanced version of it, with great potential that it has proven again and again over the short period of time.

Bitcoin and gold can have similarities, but they also have differences. An example is that bitcoin can be used for jeweleries and also in many other applications that makes it well utilized by humans, because of its glittering nature, people values it. But the similarity is because people value it and hold it, just like people are holding bitcoin.

Bitcoin can not be seen, but because it is a good way of investing, people are buying it, they know after massive bear market, bull market will follow, they buy more and the adoption continues, bitcoin is also valuable and because of its investment nature, its value can not get to zero, only what is happening is all-time-high.

[GeorgeJohn]

Bitcoin is the lifeblood of crypto-currencies. I don't think there will ever be a case where Bitcoin will go to zero. If Bitcoin is Zero then I think the whole cryptocurrency will be stagnant. But nobody would invest here if it wasn't more or less normal for bitcoin prices to fluctuate. So I think there is absolutely zero possibility.

Bitcoin is a currency that has its own denomination or it values. Bitcoin can only experience zero kind of stage when theirs a another value of things that is greater than Bitcoin or Newly programmed currency that will dominate the features of Bitcoin. because what is happening between Bitcoin now is like correction of the market, from my perspective.

[milewilda]

But what would happen if the oldest and most valuable asset on the market, Bitcoin, dropped to zero?

Though this is possible with several shitcoins out there, but I honestly do not think it is possible with Bitcoin.
As the price of bitcoin drops, alot of investors are waiting to buy in, and as investors buy in, the price rises, this is why the price of bitcoin can never turn to zero.

And also to add, what ever causes the price of bitcoin to go down to zero must be really heavy, and that might mean the end of crypto, for as it is currently, whatever affects bitcoin affects the entire crypto market.

If bitcoin ends up in zero value, then definitely the whole crypto market will also end as bitcoin price affects the whole crypto coins. But let’s not focus on what is being impossible OP because if we look at the current status of bitcoin, it’s too unlikely to see its end because even if it’s price drops drastically, the demand even gets higher because people see more opportunities to invest when bitcoin price is low.

Would really be affecting big the entire market where the king of all crypto coin drops its value to zero then it would really be crumbled down also into other coins in the market but we cant really avoid not to think that if bitcoin goes to zero then there might be some coins or projects who had might able to overtake it but in overall or being realistic then it is really still on the impossible side for bitcoin
to become zero value considering or looking into its demand and huge support then it is really something that cant just goes to zero even if we do have that extreme regulation problem.

[coolcoinz]

https://portalcripto.com.br/en/crypto-crash-2022-bitcoin-pode-valer-zero/

This is a great example of how stupid media outlets are. These people are talking about bitcoin crash and bitcoin going to 0 and their opinions are based on altcoin crashes that they all together call crypto crashes, crypto bankruptcies, crypto problems.

I said it many times and I'll repeat it again: altcoins aren't bitcoin. The fact that a shitcoin like luna crashed to 0 doesn't mean bitcoin will. Bitcoin does not depend on shitcoins and their problems aren't bitcoin's problems. The fact that a company buys bitcoin and goes bankrupt doesn't undermine bitcoin in any way!

I'm really fed up with people who ask these dumb questions like that coin died, will bitcoin die too? It's like saying my friend died in a plane crash, does it mean I will die in a plane crash?

[Kelvinid]

We all know how volatile and unpredictable the cryptocurrency market can be. One month, a coin may be at its peak of value, and the next, it may have almost no value at all. Unfortunately, this is simply the name of the game when it comes to cryptography. But what would happen if the oldest and most valuable asset on the market, Bitcoin, dropped to zero?

https://portalcripto.com.br/en/crypto-crash-2022-bitcoin-pode-valer-zero/
font: https://portalcripto.com.br

This was been talked about many times during the earliest day of Bitcoin. And mostly asked during the bear season. Many people are asking and assuming "What IF", some will say it can be possible and of course, I can agree with that but to know when that is impossible. But, I don't really think about it, not in my mind it becomes zero because I see the increasing demand and market adoption making it hard to devalue and turn to zero.
Many people can draw that assumption but no way they are absolutely right, they can be wrong as well( in most cases).

[topman21]

It is never possible Bitcoin can never be zero. But those who say it are saying it without analyzing it.Cryptocurrencies may not exist the day bitcoin goes to zero.Cryptocurrencies can also be destroyed. But there is no reason to worry you can rest assured that Bitcoin will never be destroyed.Rather, Bitcoin will take a better position. And will set new records for ages.

[Oceat]

Yeah, what would happen to Bitcoin if the market price dropped to zero? You should share your thoughts too.

Maybe if there's no Bitcoin circulating in the market you might get a zero value Bitcoin but with the current situation plus you include those lost BTC, I don't think the market price would drop to zero ever. I wonder OP, what are your thoughts about on your topic since you are curious about it maybe you give us a little information why and what do you think?

[seoincorporation]

It is never possible Bitcoin can never be zero. But those who say it are saying it without analyzing it.Cryptocurrencies may not exist the day bitcoin goes to zero.Cryptocurrencies can also be destroyed. But there is no reason to worry you can rest assured that Bitcoin will never be destroyed.Rather, Bitcoin will take a better position. And will set new records for ages.

I'm not agree at all, there are some scenarios where bitcoin will worth zero...

1.-Super Quantum Computers.
I'm talking about a machine able to verify all the possibles private keys and extract only the ones with balance. We already have the list of address with balance and the software for the brute force. But the quantum computers still not that power and simple mortals doesn't have access to them.

2.-Artificial Intelligence.
If an artificial intelligence can make an equation with a Linear regression where:
a(x)+b(y)=c
a=Address
b=Hash160
c=Private Key.

3.-Dooms Day.
If the humanity decide to use all their Nuclear bombs to destroy the world.

In those scenarios bitcoin will worth zero.

[tomos81]

Bitcoin is a coin that never expires. That's why I can't say that the demand for Bitcoin will continue to increase day by day. Later this Bitcoin will continue to increase in price in a big way. in the past tense Bitcoin is in a much better position than it was. That is why it can be said that it will never be zero. You all can invest without fear. It is possible to get huge benefits from this investment.

[Ale88]

We all know how volatile and unpredictable the cryptocurrency market can be. One month, a coin may be at its peak of value, and the next, it may have almost no value at all. Unfortunately, this is simply the name of the game when it comes to cryptography. But what would happen if the oldest and most valuable asset on the market, Bitcoin, dropped to zero?

If bitcoin ever drops to 0 then it simply means that the whole cryptocurrencies sector completely failed and probably won't be back. Regarding the question you're asking in the title, of course bitcoin could go to 0, just like Apple, Tesla, Google, etc. Technically everything can go down to 0.

[boris singer]

We must be able to distinguish bitcoin with shitcoin in this regard.
The possibility for Shitcoin might be like that, even though the possibility is very large and there have been many examples of coins that initially pump craze and then turn out to be worthless.
But when we talk about bitcoin it is clear that this will be very difficult to happen even I consider this an impossibility because regardless of anything from the current price towards 0 it is clear that this is very sparse.

[GxSTxV]

This question can be asked the first two years of bitcoin creation there might be a possibility of a bug crash that will lead to that, but we all know bitcoin is so strong nowadays it may happen if something huge against cryptocurrencies were found or a new better way was invented even that will take hundreds of years to happen, so my short answer will be no

[2stout]

Sure but highly unlikely to happen.  Ultimately, the market determines the value so in theory it could go zero, but we are more likely to see 1 Bitcoin= 1 Bitcoin before this ever happens.  Now on the other hand, quantum computing is a whole other matter.

[rodskee]

Bitcoin can not drop to zero, it is not like other altcoins that does not have value in the market. If Bitcoin is experiencing the bear market that doesn't mean the price of bitcoin will drop to zero. It is only shit coins that have the tendency to drop to zero.

let them have that thinking because it is them that will lose anyway , they will sell when there is a slight  falling and will never gain because of their panicking .

I am not keeping my Eye in market when it is bearishness so i will keep safe my funds on holding , this is the secret i am doing for years now , even deleting the cookies of exchange so i will not have easy access to check the prices here and there.