why BTC can not zero at present time

[SquirrelJulietGarden]

Please briefly explain, why BTC can not be zero at present time?

Because Bitcoin needs resources (ASICs, electricity, locations and human) to keep the network running and to mine new Bitcoin. When there are inputs, there is cost of production and more than that, Bitcoin has many use cases so that it won't fall to zero and vanish in the air.

LightNing Network's sum of channels and sum of channel value just made new all time highs according to https://txstats.com/dashboard/db/lightning-network?orgId=1&from=now-5y&to=now

Technically it can be zero at any given time.

It might fall to zero but only if lot of things change. If things maintain like now or continue to grow more, it will only in value.

[1714888753]

1714888753

[1714888753]

1714888753

[m2017]

Please briefly explain, why BTC can not be zero at present time?

Technically it can be zero at any given time.

That's right, technically (or theoretically) the bitcoin's price could become zero at any moment. In fact, the likelihood of this happening is very, very small, as the demand for bitcoin is only growing. In order for the price to fall to zero, demand must fall, but this, as you can see, doesn't happen. Demand is fueled by faith or hope (call it what you will) that the bitcoin will continue to rise in price. Over the entire existence of btc, this is exactly what happened: this asset only becomes more expensive over long distances and is an excellent investment tool. This is what attracts people and creates demand for bitcoin from them. In general, you should not worry about a sudden drop to zero.

[EdenHazard]

As long as there is a demand in buying bitcoin ... interest in bitcoin , the price won't go to zero simply as like that and technically the blockchain technology behind bitcoin has been live and backing many mainstream projects which even the price collapsed to 90% ... it won't go below 0 , it's just the nervous feeling caused by certain huge fall in price.

in fact bitcoin are decentralized and nobody can stop it unless its users decided to leave in an unexpected events like what the LUNA scandal did.

[KaliLinux]

Please briefly explain, why BTC can not be zero at present time?

Technically it can be zero at any given time.

It would have also been nice if you could briefly explain why you believed that Bitcoin will go to Zero at this time or any other time. Why do we need to continually try to convince anyone that Bitcoin is your best form of any financial instrument especially fiat, because of its decentralized nature, all the negativity we have seen within the financial system (Banks and their Government) doesn't apply to Bitcoin, and not even mentioned the Investment upside as long as you know what you are doing.
Doing your due diligence wouldn't hurt.

[glendall]

Please briefly explain, why BTC can not be zero at present time?

Technically it can be zero at any given time.

because btc already has value/price
and demand has also,  gone from unknown to famous, to creating prices that vary (up and down)
can be 0 if btc has been abandoned by the lover (in this case who knows when it will happen)

[Obari]

Hashrate and miners don't really matter in terms of BTC price.
Why would a potential BTC-buyer care about the cost of mining?
I don't, do you?

It doesn't mate. The demand and supply of Bitcoin and other affecting factors which hatch rate doesn't really count are what really matters for Bitcoin price. And we should always remember that Bitcoin is a decentralized digital currency, hence no single person or group of persons will successful affect the price of Bitcoin.

[danherbias07]

It could go to zero but you will have to consider a lot of things.
Two of the important things are trust and reputation.
Those were not bought, it was planted and carefully nursed until it became a tree. Now the roots cannot just be ripped out anymore.
It's not like any other coin out there that made progress using the hype. Those are short-lived.
There will always be Bitcoin supporters and as long as there is, the value will be intact.

[Yatsan]

Logically, its price could fall as low as zero. Its market value is still something which is being controlled by demand, so if there will be no demand, it won't have a market value, as simple as that. But in line with the present, it is quite hard to think that its market price will stoop that low given how many people are currently using it either for investment purposes or transactions.

Please briefly explain, why BTC can not be zero at present time?

Technically it can be zero at any given time.

because btc already has value/price
and demand has also,  gone from unknown to famous, to creating prices that vary (up and down)
can be 0 if btc has been abandoned by the lover (in this case who knows when it will happen)

Abandoned or let's say prohibited to be used(which has a higher tendency to occur in comparison with people initiatively abandoning such currency). Prohibition could take place if and only if, countries would do so;they have the power as well to do such action but ofcourse for a reasonable purpose.

[rendravolt]

Please briefly explain, why BTC can not be zero at present time?

Technically it can be zero at any given time.

Because bitcoin can change the world. We already know how elite countries make people in other countries tormented by wars and economic crises. With the existence of digital-based bitcoin, everyone has the right to financial freedom without having to follow the authority of the world bank or still use fiat. Therefore, many people already believe in bitcoin and will continue to buy bitcoin wherever the price is no matter how expensive or cheap it is.

[Techkoy407]

because bitcoin liquidity is very strong,
more and more users
that's why bitcoin price keeps going up and down,
and it will be very difficult to touch zero,
because investors continue to buy and sell effectively and regularly.

[Kimonoe]

It could go to zero but you will have to consider a lot of things.
Two of the important things are trust and reputation.
Those were not bought, it was planted and carefully nursed until it became a tree. Now the roots cannot just be ripped out anymore.
It's not like any other coin out there that made progress using the hype. Those are short-lived.
There will always be Bitcoin supporters and as long as there is, the value will be intact.

the roots of the tree have become many, where many people want to buy it, considering the lower the price, the more attractive it will be to buy, until there will be a Fomo that begins with whales taking part. and I think this kind of circulation will always happen, so it will be very difficult to go zero in price, even though it can happen, and if bitcoin collapses then crypto will collapse too

[kryptqnick]

Please briefly explain, why BTC can not be zero at present time?

Technically it can be zero at any given time.

I see only a handful of unlikely scenarios where Bitcoin goes to zero. One is a sudden leap in quantum computing, rendering the current cryptography completely useless by making it possible to calculate the right keys within reasonable amount of time and thus open the wallets. Another is basically an apocalypse of human civilization (nuclear war, a pandemic that kills the majority of the population, etc.) when there's no longer global connection via Internet, people focus on the small communities where they live and on basic survival, not money nobody can touch. In other cases, Bitcoin can lose a lot of value if huge regulations come from big world powers or if somehow a coin that it truly so much better than Bitcoin becomes available, but it won't be zero. For something to cost nothing, it should be completely worthless to people, have no value for them. Bitcoin has much more value to many people, which is why even in bad times the price is still $19k.