Bitcoin Going to zero since 2009

[rbynxx]

Since when bitcoin was created their are some set of people who believe the price of Bitcoin will get to zero, and since then when the price of Bitcoin goes dip especially in the bear market this same people who still come out to say bitcoin price will fall to zero.

How long will people keep deceiving orhers about the price of Bitcoin. I feel pity for those who are being misled thinking the price of Bitcoin will fall to zero.

TBH, this is something I've seen to play out almost since I first got into crypto, same people, same "Bitcoin going to zero", "Bitcoin will die" narrative. These guys like Peter Schiff been saying this for like I've been here for straight and he has been wrong every single time, yet they still got some audience to spread this kind of fear. The real victims are the people who actually believe in it and then panic sell at the very bottom. Sad but truth.

Bitcoin has "died" hundreds or even thousand of times and yet it keeps proving everyone wrong and I guess this time around too. It's not going to zero, it will probably make more zeroes instead. The entire holders will basically need to dump it down all at once which clearly won't happen. It will even grow from here or probably seen the bottom played out already.

[suzanne5223]

I will say they are deceiving themselves because ever since institutional and macro holders come in the Bitcoin market, which also led to the creation of the BTC ETF. I believe a lot of people's confidence in investing in BTC for the long term is boosted, not to mention the positive impact the US president's stance towards BTC has created.

Anyone who still has the impression that Bitcoin is going to zero is a technically naive type because it doesn't make any sense for BTC to go to zero now after institutional adoption.

As of now, Bitcoin is 16 years old and if I remember correctly, governments and organizations have only recently recognized and invested in it in the past few years.

Recently?
The governments and organizations have recognized Bitcoin long ago, but they first saw it as something will serve as an obstacle to their reign due to it decentralization, which is why they once make neegative statement about it, create different set of FUD. When they see that BTC is not going to zero, they notice they are in the phase of if we cant beat them, we join them that's why they later adopt BTC.

This means that even in periods without institutional capital support or recognition, Bitcoin can still survive and thrive.

No, Bitcoin survives and thrives. Not, it can still survive and thrive.

To this day, those who still hold this view are not ignorant, but are deceiving themselves and being stubborn. Their egos are too big, they do not want to admit they were wrong to overlook something that could have completely changed their lives.

Maybe, but they may also use the strategy BlackRock and others used to cause FUD while they silently accumulate BTC at a low price before making public acknowledgement.