What are your thoughts on the possibility for this in the long, long-term? Let's try and approach the topic with an open-mind (don't worry, I'm ready for the downvotes for even asking the question). As usual, feel free to check out and interact on my Steemit: steemit.com/bitcoin/@cryptovestor/can-bitcoin-go-to-zero. I'm also on Twitter: twitter.com/Truth_Investor.
As long as bitcoin (or its replacement) has some utility it will not go to zero. And there is such a use case: illegal and questionable activities, which use the hard to track properties of the bitcoin exchange. How much would drug cartels pay for the ability to launder money via bitcoin? — many billions of dollars.
Fluctuation in bitcoin price doesn’t affect my profit with mike harry trading
If the internet were to disappear then Bitcoin will go to zero
If someone think BTC can go to zero….let me slap them!!People die and their btc are locked forever, there are fractional cents left behind, also, like me, I lost ability to get into all kinds of accounts!!
Of course it can never go to absolute ZERO. What is the price today of a nice Tulip Bulb? You can get a bag for around $5 US 🙂
the best ICO reviewers all are mentioning the https://platin.io/ project : https://www.youtube.com/watch?v=THNNs2mpA-E&t=2s
Bitcoin will never go to zero. Well, but the possibility of bitcoin getting less popular in the long term is high. I would rather think anonymous crypto aka privacy coin like Monero, Dash, DeepOnion etc may lead in future.
This is an interesting video about being able to give crypto a physical location https://www.youtube.com/watch?v=sn3IEOLBg0g
a few ICO experts seem to be talking about https://platin.io/ frequently https://www.youtube.com/watch?v=sn3IEOLBg0g
I'm not comparing gold to bitcoin , but you said bitcoin have no industrial use , so does gold , most of gold's value is not industry , but it is the perception of people. You said that companies will use private blockchaines , that is an interresting one, but for domething to have value , it is not supposed to be usefull for all people , all tje time , it should only be usefull for some people , for some time , I think the big quastion is how big is the number of people who see bitcoin and public blockchaines usefull , it is certenly not 0 , for me it is usefull , I buy stuff anonym with monero
what do you think of this Youtube interview ? https://www.youtube.com/watch?v=THNNs2mpA-E&t=2s
value only if there' s only bitcoin and no other cryptos
there can be an infinite numbers of cryptos "with a limited supply of coin "zero valuewake up !pure speculation !
This is an interesting video about being able to give crypto a physical location https://www.youtube.com/watch?v=THNNs2mpA-E&t=2s
In future, data is value and money. that being said, bitcoin will not conquer the world's finance but it will worth pay attention and being part of the blockchain industry including Bitcoin.
I so much believe in the bitcoin revolution so I invest profitably. I mine through Mr Clyde Billings' sophisticated systems. In the past month he has raised up 4.04 btc for me. His mining systems are just incredible.
To me sentiment of ultimatly 7.6 Billion people is a lot stronger then a country backing it up, for BTC to go to zero value I'll think more of something like quantum computer taking off to fast for BTC to evolve a defence system.
i doubt bitcoin can get to zero. jUst like any other projectc thats worth its salt in the cryptosphere. Like deeponion for example solving real world problems with features like deepvault. This will always be in use and as such deeponion cannot go to zero. same with bitcoin fr digitized transactions.
bitcoin will boom.
If it goes near zero I'll invest and make it big
Good video as always! Are you bullish on crypto at the moment or bearish? Hard to tell in your videos as you are usually kinda neutral.
Would love to hear what you’d guess would’ve happened to bitcoin within 5 years. Just as a total guess and gut felling kind of thing, no matter if bearish or bullish! 🙂
No it won't go to Zero I will buy it all when it hits 0.001
Guys Check out "Alessio Rastani 5 Bitcoin per day Secret". Go here —>> http://bit.ly/5BTCperdayI use it and it really works. Cheers
I follow your channel for quite some time and I find you very knowledgeable. I was wondering about the ETF, everyone is trying to predict a price.
Let’s say ETF does get approved by SEC in August or September. I know people are trying to predict the price of BTC going to reach 20k – 60k. Where do you think it will go and do you think we will have a 7 months correction after that?
Looking forward to reading your answer
You have a great channel, i really like your videos but i don't understand why u use linear scale instead of log scale when showing graphs… Linear graphs show an illusion cause it considers that, for example, 1 to 2 is the same distance than 10 to 11 (which is a big mistake). When you put a long term bitcoin graph in log scale u actually see that it has fallen just a little! An asset that has increased its value more than 1.000.000% may drop 80% and still maintain a long term bull trend. If you go back to spetember, 2017 you see prices lower than now, come on guys, we all know a true bear market takes the prices lower than 2, 3 or even 5 years ago.
the real question is when are alts going to break away from the influence of bitcoins prices rise and fall, to account for the value of other coins that now technically have better and faster tech, like monero, dash and Deeponion. These few mentions are examples since they are cheaper than bitcoin but have better tech and people need to re-educate themselves on the fact that bitcoin is only good for a store of value rather than an actual currencey, one day, there will be a swap in price levels i feel.
If BTC went to zero. We may see a country go bust.
I think the FUD is too much! For now I am buying many privacy coins, especially deeponion, it is very cheap, that currency can go up a lot! I take advantage of the FUD to buy cheap, do you think it's good technique? Greetings.
if it's going to 0 i'm going to put my life savings on it and see you on the moon in 10 years.
The intrinsic value of Bitcoin is the certainty. How much is gold in the world? How much is USD in the world? How much of …. in the world? Bitcoin is the only asset we know for sure how much of it is and will be. Bitcoin can become the global measurement of inflation in addition to the unbiased value transfer network.
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