The Bitcoin Value Could Drop to Zero
The strength of bitcoin lies in its value as an investment. Bitcoin, one of the most popular cryptoes on the market today, is used for investments and payments.
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But today, there are competitors in the crypto transaction market that would be more suitable as a payment system. Maybe for the future, bitcoin is just pure digital gold. Bitcoin has a key to digital gold applications, which are of paramount importance.
Venture capitalist Jason Calacanis said there was a 33 percent chance that the bitcoin value could drop to zero. This after volatile assets lost a quarter of its value in January, briefly dropping below $ 10,000. At its peak, in mid-December, bitcoin was worth about $ 19,500.
Bitcoin market in the long run continues to increase. But its market share, as a percentage of the total market capitalization of coins continues to fall. In connection with other investments, like gold, potentially, the best bitcoin out there.
I'm planing to divercify next tome bitcoin hits a high, I'm a strong beleiver in the newer technologies
My prediction, the bitcoin value will be high. This is my hope cause bitcoin best investmen
I don't see Bitcoin going to 0 ever.
There will always be someone to buy Bitcoin, even some of the worst shitcoins in the cryptocurrency-space still have some value and get bounces from time to time. :)
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Hopefully the bitcoin will not be zero. That's all our hope because bitcoin can be a long-term investment.
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I dont thing theres one person that thinks bitcoin will actually drop to zero. There might be financial institutions and governments that hope it goes down to zero, but nobody with a small bit of intelligence actually thinks that.
The bitcoin being zero is the one who does not like bitcoin. in some countries has even banned the existence of bitcoin. we hope, bitcoin values continue to rise
It can't drop to ZERO because millions of dollars worth is tied up in lost and forgotten wallets. One user in particular threw away a hardrive containing a wallet with $80 million worth of Bitcoin in it.
Very unfortunate when the bitcoin value becomes zero. many people will lose. hopefully the future bitcoin value continues to rise high
The inherent scarcity due to the finite amount of bitcoin is key to it holding its value. Most other altcoins follow in bitcoins design. I believe it is more like .003% chance of dropping to zero not 30% lol. Ah well then again all money is nothing more than a consensual hallucination that we buy into to make it real. I believe blockchain may actually be instrumental in making ALL money obsolete one day.....