Can Bitcoin be worth zero?

[Frengki_cisco]

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/
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has value growing all the time, to zero maybe not, while in this world there are still crypto users and internet access services, Bitcoin is not the same as other types of crypto and we never know the true form of satoshi, Bitcoin is full of mysteries that have not been solved, still high value.

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[Cookdata]

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/
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Has it occurred to you that Bitcoin will ever go zero, it has never and will never go that low. It is even an insult to compare Bitcoin performance with altcoins that do pump and dump with few volumes.
I did experience when Bitcoin dropped so hard in 2020 during corona fear that everyone was furious of the spread of the virus, the price never go below $3k and the same week, the price went back to range of $5k to $6k when institutional investors came in because they were on the bench to have it at discount, now they did, they wouldn't watch their investment get discarded away. Bitcoin is not going to zero, this I'm confident about. 

[Oilacris]

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

Has it occurred to you that Bitcoin will ever go zero, it has never and will never go that low. It is even an insult to compare Bitcoin performance with altcoins that do pump and dump with few volumes.
I did experience when Bitcoin dropped so hard in 2020 during corona fear that everyone was furious of the spread of the virus, the price never go below $3k and the same week, the price went back to range of $5k to $6k when institutional investors came in because they were on the bench to have it at discount, now they did, they wouldn't watch their investment get discarded away. Bitcoin is not going to zero, this I'm confident about. 

When we do speak about future then there's no such thing about assurance no matter what market we've been dealing with specially with Bitcoin which is the king or father of all crypto then it is really hard

to believe on that it would really just dump to $0 into its value which does simply imply that there's soo much support and trust on the community despite on having lots of coins in the market then it do

still able to place itself on the top which does signify that support is really that strong which its impossible that people would just let it would dump to have no value.

[n0ne]

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

has value growing all the time, to zero maybe not, while in this world there are still crypto users and internet access services, Bitcoin is not the same as other types of crypto and we never know the true form of satoshi, Bitcoin is full of mysteries that have not been solved, still high value.

Bitcoin is full of mysteries, but it have got the real growth and the real adoption all around. Even the acceptance level over the years have peaked. This shows when someone gets out of the market, another one makes into the market. This means the growth isn't disturbed in any means. For this reason we can expect the progress to a higher price and not end up with Zero.

[Tony116]

Looking at the growth and adoption of bitcoin in recent years, How can something as popular as bitcoin go to zero, that will never happen?
If bitcoin is zero, the entire crypto market will disappear and companies and countries that accept crypto will suffer heavy losses or even crash with bitcoin. Instead of thinking bitcoin will go to zero, you should think that bitcoin will hit 100k or 1 million USD in the future.

[RealMalatesta]

Has it occurred to you that Bitcoin will ever go zero, it has never and will never go that low. It is even an insult to compare Bitcoin performance with altcoins that do pump and dump with few volumes.
I did experience when Bitcoin dropped so hard in 2020 during corona fear that everyone was furious of the spread of the virus, the price never go below $3k and the same week, the price went back to range of $5k to $6k when institutional investors came in because they were on the bench to have it at discount, now they did, they wouldn't watch their investment get discarded away. Bitcoin is not going to zero, this I'm confident about. 

There will always be people who lost money on altcoins and claim bitcoin is bs, because they believe crypto is crypto and they do not know the difference between bitcoin and altcoins. We all know bitcoin is awesome and it will never be like any other coin.

But, not everyone knows this and that is why when they lose money on baby shiba floki meme token or whatever, they will say that "bitcoin" will go to zero, when they say bitcoin what they mean is all crypto, as in like the whole of it. But we all know that they made a bad investment and that’s it, there are great coins and there are a lot of them who will stay at the top for a long time so there is no worry for us.

[Razmirraz]

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/
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The limited availability and uneven distribution of Bitcoin has increased its popularity as well as its price. One of the reasons for the increase in the price of Bitcoin is the increasing number of requests. This condition is the same as other goods, Bitcoin is basically also influenced by demand and the amount of availability in the market.
The high demand for Bitcoin makes the price higher and vice versa. If investors start selling Bitcoin simultaneously but the demand in the market is almost non-existent, then its value will fall.

So far, Bitcoin has always been able to survive the negative issues that hit it and Bitcoin is also able to withstand government intervention, its price increasing from year to year can give hope to anyone who keeps it. As long as supply and demand continues, never worry, Bitcoin will always have a price.

[pantek talacuik]

Did you see the dominance of bitcoin in Cryptocurrencies market ? Have you ever noticed that when the price of Bitcoin goes down, the price of other alt-coins also goes down?  If you have noticed, tell me where the price of altcoin will go if bitcoin goes to zero.  And will there be anything in the world to say crypto currency?  I actually find it ridiculous that Bitcoin will one day be worth zero.

It's inconceivable to see people going crazy by hearing the news Bitcoin has no price. Shocked and all feelings mixed with the restlessness. but it doesn't look like it's going to happen that fast. you should rethink Bitcoin has no price.

[Jo_Liu]

It is technically possible for any cryptocurrency's price to crash to zero, as seen with the Terra Luna price crash. But, for something as popular and valuable as Bitcoin, some huge shifts would need to take place to allow for such a catastrophic loss of value. It's important to understand Bitcoin's functionality to understand why this is the case.

[MinoRaiola]

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

Anything is possible. I see it like Murphy's Law: Everything that can go wrong, will go wrong. Now you can say: What does going wrong mean? It can be with anything, not just bitcoin. Look at the currency in Venezuela, it's lying on the street and has no value. Look at the inflation in Turkey, people don't want to trade in lira, they want dollars or euros. Bitcoin can only develop in two directions. Up or down, there is nothing else and no one can see the future.

[KaliLinux]

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/
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By the way, why do we keep having this sort of question about Bitcoin only when the market condition is in the bear trajectory? Is it that we have never seen this market dips before? It has to take more than mare bear market sentiment to think Bitcoins price will fall to zero plus, I agree with what goldkingcoiner stated here:

Truthfully, I very much doubt Bitcoin will ever be worth absolutely zero. Even the dollar note could never be worth less than the paper it is printed on. There must always be a bottom value. And unless we see an abrupt and sudden deadly, unfixable flaw with Blockchain, the technology behind Bitcoin, then there is nothing to worry about. And anyway, its best not to dwell on impossible scenarios. They only fuel your personal FUD.

If there is no disastrous problem with the network how can Bitcoin cost less than what it takes to mine it?

[Stella Mese]

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.

what you say is true, because bitcoin is different from altcoins, and if for example the price of bitcoin goes down very deep I think people will definitely sell altcoins and will switch, that is, they will definitely buy bitcoin. so my view is also bitcoin will not touch zero price.

[KennyR]

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.

what you say is true, because bitcoin is different from altcoins, and if for example the price of bitcoin goes down very deep I think people will definitely sell altcoins and will switch, that is, they will definitely buy bitcoin. so my view is also bitcoin will not touch zero price.

Agreed the market of bitcoin is different from altcoins. People swap between the two. This keeps the market for bitcoin amidst different forms of issues around. So, usage keeps the circulation stable and never let the price down beyond certain limitations.

[Gyfts]

No. The probability of Bitcoin ever hitting zero is so tiny that there'd have to be some sort of technology/AI that could brute force private keys without taking billions of years for this question to have any relevance. Excluding extenuating circumstances, this seems like a pointless discussion to have.

There isn't an absolute minimum from an investors perspective, meaning the current bear market could produce a minimum of 15k USD/coin, 10k USD/coin, etc. Simultaneously, the absolute minimum is not going to be zero. The market wouldn't allow for that to happen, BTC is too engrained in the global economy.

[qwertyup23]

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

There is always that possibilty that the value of BTC can be worth zero, but this is far from happening in this reality.

There are a number of factors and indicators that drive the price of BTC in the market (e.g. demand and supply, government restrictions, creation of new cryptocurrencies, etc.) but one factor that may entirely affect its price is through government prohibition. If a country starts to prohibit its usage and almost all countries would follow that step, then expect its price to slowly become obsolete in the market.

Though that may be the case, I seriously doubt that we will arrive at that point that all countries would prohibit its usage given that there is a positive effect currently on BTC.

[awik p]

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.

what you say is true, because bitcoin is different from altcoins, and if for example the price of bitcoin goes down very deep I think people will definitely sell altcoins and will switch, that is, they will definitely buy bitcoin. so my view is also bitcoin will not touch zero price.

Agreed the market of bitcoin is different from altcoins. People swap between the two. This keeps the market for bitcoin amidst different forms of issues around. So, usage keeps the circulation stable and never let the price down beyond certain limitations.

In cryptocurrencies, the parameter for price movements to date is bitcoin, so if bitcoin goes to zero, the history of all cryptocurrencies is complete, because it's like a baby who doesn't have a nanny, and bitcoin is that caregiver. therefore I think it is very difficult to make bitcoin to zero. especially now that bitcoin has spread into many hands, so it is very difficult to make one thought, and I don't think the whales will do it, because the money field for them is this market

[jostorres]

The probability of Bitcoin falling to zero is like the probability of gold falling to zero. It's impossible for people to go to zero when they have money inside. Everyone has to somehow sell their bitcoin. However, it can drop to zero this way.

Bitcoin is more volatile than gold. Not only that but btc do also has a lot of haters including the governments and what if all of them ban btc one day? That should cause a massive panic and can lead for all of the btc hodlers to sell before it's too late and their investments became useless. Gold on the other hand is more stable and also fully recognized by the government.

It existed a long time already so we are now sure they won't change their decisions about gold however the supply of gold can be more than the supply of btc and if many gold are found later on, its value can also decline harder but still I don't think it will touch until zero.

[bestcoins1]

In cryptocurrencies, the parameter for price movements to date is bitcoin, so if bitcoin goes to zero, the history of all cryptocurrencies is complete, because it's like a baby who doesn't have a nanny, and bitcoin is that caregiver. therefore I think it is very difficult to make bitcoin to zero. especially now that bitcoin has spread into many hands, so it is very difficult to make one thought, and I don't think the whales will do it, because the money field for them is this market

It's very clear what you're saying because I've also thought that way in the past so now I'm never thinking about Bitcoin being zero. Because it's a hard thing to happen to Bitcoin even though it's still possible to happen, but with so many hands holding Bitcoin and trading still continuing on Bitcoin, going to zero on Bitcoin is obviously a really hard thing to happen. And everyone also very often sees when Bitcoin begins to increase in the market, the average of other cryptocurrencies also increases with the flow of Bitcoin and this makes Bitcoin a parameter of price movement as you said.

[Awwal08]

Zero of what? USD? Theoretically you could say it's possible but practically it's not.
It's possible for a coin with a market cap of 100 million USD to go to 0 although it's going to be 0 in the form of less than 1 USD not in the form of 0.00 USD. It's not possible for something az big as bitcoin to go to 0 unless there's a proven vulnerability that cannot be patched. You'd need a black swan event for it to happen like a real Satoshi coming out and saying to the world that he's a US government employee and it was all an experiment to see how many people they can get to invest and now they're all dumping what they have and turning it to USD and then they're banning BTC in the US.

I agree with all you said, Bitcoin is a recognised Coin that is known all over the world, it name alone market the entire cryptocurrency. People are eager to buy bitcoin but when they noticed the price of bitcoin they moved back, they went ahead and ask is their anyone for me to buy. So through bitcoin people know other Coin. So bitcoin can never be zero

[Mauser]

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

I don't think there is any realistic chance for bitcoin to ever reach the value of 0 USD. Right now BTC is around 20,000 USD, going down to 0  from such high levels would never happen. As soon as there would be a decline of the bitcoin price to 10,000 USD investors would start buying heavily again. Same goes for the 1,000 USD barrier. Who wouldn't sell everything he has to buy bitcoin below 1,000 USD. I am sure at such low levels investors would take out loans just to buy more coins. The only chance I see for bitcoin drop so low in price would be if there were technical errors at the exchange and they show wrong prices.