Bitcoin is going to ZERO

[kawetsriyanto]

Most countries accept Bitcoin or in other words, Bitcoin is legal in many nations. Buying, selling, owning bitcoin are all legal activities in many nations and it can be checked easily with Bitcoin legality maps.

True. In most countries in the world, Bitcoin is legal (even it is for investment only). Unless we use Bitcoin for paying goods or services, in most countries Bitcoin is legal for sure. Yep, we can check the detailed information through the maps. There, we can know the Bitcoin status in each country around the world.

Governments globally realized that Bitcoin actually has good value and the Bitcoin adoption has been grown very strong with time. They as nations can accept Bitcoin, take advantage of Bitcoin growth for their own benefits by making it legal in their nations, so that they can tax more on citizens. At government level, they can add bitcoin to their national treasuries and holding a long time for profit.

Most governments have realized Bitcoin potential even before US declared their Bitcoin reserves. China has already had big amount of Bitcoin, whether they bought or got it from confiscation. And we know El Salvador also has utilized Bitcoin to improve their economic level. So, considering this significant adoption on the some countries, there should be no doubt that Bitcoin will be going to zero in the recent time.

[BADecker]

Okay. Bitcoin will NOT go to zero. But close enough that those who keep their eye on it, can by a bunch when it gets down to a couple $hundred.

[Fivestar4everMVP]

Government will make sure Bitcoin collapses... one way or another.

Sorry but the government can't collapse bitcoin, and I am not saying that they can't or won't try, they definitely will try and wit the amount of resources at that disposal, their effort may seem to yield fruit for them but in the end, they can't collapse bitcoin.
Many governments in different countries have tried and failed, name it, China, USA , the world power countries have all tried and failed.

Now, I understand that they may come with another strategy which may be to buy and own lots of bitcoin, they can even buy, seize and own 90 percent of the total bitcoin circulating supply to dump it all on the market so as to crash the price which if they try, they may succeed but that success would be temporal, when they dump, they do so on someone who's buying it and Hodling, so with time, bitcoin will recover and rise again.

[legiteum]

Government will make sure Bitcoin collapses... one way or another.

Sorry but the government can't collapse bitcoin [...]

The government may not be able to make it go away entirely--child porn networks exist and governments obviously do everything they can to make those go away.

But the US government could absolutely make it so hard to purchase that the price would drop to nearly zero...

And even short of a collapse, imagine if, tomorrow, Trump said he prefers TrumpCoin over Bitcoin, and he was going to "look into" having the US government make that happen. Just a few words from this part of "the government" would send the price of Bitcoin down 80% or more.

The libertarian dream of Bitcoin died when the market cap broke $1 billion. Sorry. Now it's just another mainstream investment, and defacto centralized for most people.