If the bitcoin price falls to zero what will be the fate of your bitcoin balance

[Floxynice]

the fluctuation in the bitcoin market price is a concerning thing for traders and also those who own a certain amount of bitcoin saved in wallets for future purposes, this is to say the price is the most watched by all bitcoin users
eg. if you have like 6.9353289 bitcoin with a staggering price of about $40k per one bitcoin, should in any way the bitcoin price drops to about $20k per one bitcoin will the exact amount of 6.9353289 bitcoin still remain in your wallet or it will reduce following the price?

It is normal for traders to feel concerned due to bitcoin's price fluctuations because as people seeking short term profits, price fluctuations matter a lot to them. Investors think differently; they focus more on accumulating bitcoins and increasing the quantity of bitcoins they have in their possession because their focus is on how many bitcoins they can own to their name (quantity) and not what the current price of bitcoin is in fiat. Price fluctuations temporarily affects current market price, it doesn't affect your bitcoin ownership.

So, if you feel like panicking because of the fluctuation, remember that your bitcoins are still intact as long as you don't sell. So, just keep hodling.

[Kelvinid]

The same balance remains, but its price or value could be different now. The amount of your bitcoin will never changed as long as you never sell it, but if you decide to sell because the price is dipping low, the amount of bitcoin you have bought and the amount you will sell still the same, but their value is no longer high and profitable.

The price of bitcoin has nothing to do with its quantity or its total amount, so any price dropdown will not affect its bitcoin's overall quantity.

[savetheFORUM]

There will never be zero bitcoin, there won't be even a thousand dollars bitcoin, hell from here on out, there will never even be 10k dollars bitcoin.

The sooner we realize that, the better we are going to invest, otherwise it is going to not make you profit and only will make you fear. Bitcoin is not a scam, it's an asset, and just like every asset it has ups and downs, just like how saying "it will be ten million dollars" when it was going up was wrong, saying it will be zero or near zero when there is a fall is also wrong.

[Cookdata]

You lose only when you sell your Bitcoin, the value remains the same and is a sarcastic gesture from traders to think that this period of time will never come, as long as you expect Bitcoin to reach $150,000BTC, also expect a dip correction like this, this is why Bitcoin is an unpredictable asset, so long as you keep holding you sure never going to lose, so no need for fomo when you are into Bitcoin for long term goals.

I'm old enough to know that this market has two side, the bull trend and the bear trend. Of course nobody like loss but a market that is demanded based on speculation, there are people that are waiting for the time to sell and there's nothing you can do about it. People that want to sell will sell and people that will hold are going to hold. Bitcoin price has seen the worse crash in 2020 and it still survive, it was that same 2020 that we started this ride of this new all time high.

You guys need to stop this Bitcoin to zero, there is nothing like zero in an asset that will appreciate as high as 6 figures and expect it I go to zero, it's unrealistic figure.

[Rgram]

The same balance remains, but its price or value could be different now. The amount of your bitcoin will never changed as long as you never sell it, but if you decide to sell because the price is dipping low, the amount of bitcoin you have bought and the amount you will sell still the same, but their value is no longer high and profitable.

It doesn’t get any worst than that, having a valueless coin just like the many scam altcoins that did pump and dumped, never to rise again. It’s certainly something that most of us have had to experience but, if this could be the reality of Bitcoin, obviously not. That’s certainly not happening especially now that, the government is gradually getting into the space, looking out for means they could benefit from what Bitcoin or the crypto space have got to offer by making reserves of it. So, there isn’t no zero balance with Bitcoin.

[philipma1957]

the fluctuation in the bitcoin market price is a concerning thing for traders and also those who own a certain amount of bitcoin saved in wallets for future purposes, this is to say the price is the most watched by all bitcoin users
eg. if you have like 6.9353289 bitcoin with a staggering price of about $40k per one bitcoin, should in any way the bitcoin price drops to about $20k per one bitcoin will the exact amount of 6.9353289 bitcoin still remain in your wallet or it will reduce following the price?

you mind is that of a fool.  if btc goes to zero. it would really be dead.


your post should be locked for asking this.


but if BTC drops and drops and drops and drops to say 126.4x.2= 25.28 k  what would you do? is more legit.

I would buy more at 59k 49k 39k 29k 19k 9k

I do not think we go below 49k but I would go for more if we do.

[Zaguru12]

I do not think we go below 49k but I would go for more if we do.

Bitcoin reaching dropping to $49k means that bitcoin has dropped from its all time high for like 65% and this is the most realistic prediction for me too because while we have actually had more falls in the past cycles around 80% (last cycle it moved from $69k to $15k) price drop I don’t also see the market actually falling that low because the volatility is not that highly volatile as it was in the early days and based on my prediction we will less volatility as the year progresses because many people have started seeing bitcoin more as an asset for holding.

[Dunamisx]

Bitcoin will always remain an ever valuable digital currency while it exchange to Fiat currency may be the cause of variation we may be having because of the drop-in value in exchange to Fiat, that is why we cannot compare the way this decentralized digital currency operate to that of the traditional currency controlled by the government, because the value of bitcoin is never affected by inflation instead the local currency does.

[KuroKigen]

one of the reasons I don't touch my dormant wallets is the desire to maintain market stability. Even if years have passed, today's reality doesn't always reflect Satoshi’s original vision every move is tracked and watched. I believe these wallets serve to balance the market, especially since government intervention has distorted Bitcoin's true purpose.
I am not worried, as I know there are others who are also guarding this path. I remain optimistic and believe that true decentralization will eventually prevail, bringing back the freedom we all hope for. Even though money is very important to me today, I live a basic life and it is enough for me. I choose not to touch the wallet for the purpose it was intended as a symbol of a better futur

[JollyGood]

Just as with the another thread by the OP that was moved to the Archival board after I reported it, the signature spammers and those that are posting in order to meet their campaign quota without caring about the ulterior motives of the OP. This thread was created by an account farmer that wanted to build up his account. I will report this thread too.