Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Leebarnes on September 04, 2018, 08:10:52 AM
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Youtuber Ryan X. Charles a bitcoin cash (BCH) fanatics said that Bitcoin will kill the chain because the developer did not understand the nature of the economics and this will lead bitcoin price drop to ZERO
What are your thoughts?
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It's just an opinion of another man. I would love to know how he came up to the conclusion that the developer did not understand the nature of the economics.
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Impossible for bitcoin to down to zero. There were many fud before against bitcoin and all weren't successful so this one could have the ssame end.
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Purely speculative and baseless statement. We know for the fact that bitcoin move by the total money put into the market by investors. As long as, there are people believing the coin it will never go to zero. Many people are now upset by the price crush but this is market cycle and every year cryptocurrency go this way. I totally disagree on the statement of bitcoin to zero value.
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A big drop to bitcoin price might be possible but drop to 0 is not very possible to happened unless everyone stop believing in crypto if not bitcoin price will not fall to 0.
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Bitcoin never cost an absolute $0 and will not, I'm sure of it! Theoretically, it can cost $ 0.1 as at the beginning of its journey, but in practice I do not believe in such a strong collapse in prices!
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Yes, in this situation we need time, because time is a source of great income, which we can meet in 2018, it is gratifying. :) ;D
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Youtuber Ryan X. Charles a bitcoin cash (BCH) fanatics said that Bitcoin will kill the chain because the developer did not understand the nature of the economics and this will lead bitcoin price drop to ZERO
What are your thoughts?
I think It is impossible, because bitcoin is so high demand and the first of crypto currency. I believe bitcoin will exist for along time.
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Many times bitcoin had proved itself that can withstand any price fall and negative issues. Though how volatile btc is, but I don't see signs that it will become zero. The price of bitcoin always recovers after every price fall.
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Bitcoin’s polarizing effect has people on both ends of the scale either proclaiming it is going to the moon or it is going to zero. The volatile, unprecedented, and revolutionary monetary system that is cryptocurrency has a future that not many can accurately predict, but as time has gone on, the idea that Bitcoin is going to zero seems more and more far fetched.
A number of commentators, just recently — when Bitcoin has been booming — have come forward with predictions of doom and gloom, warning investors that this new system of money — and investment opportunities — will fall to complete worthlessness.
Bitcoin is barely 10 years old, and has gone from being worth zero to being worth $20,000. So, as we sit with the price lower than many would have hoped, is it feeble to think it can reach as low as zero?
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I don't believe that bitcoin drops to zero. We have to look at the fact that bitcoin is getting more and more well-known and in some developed countries bitcoin technology has developed greatly. If bitcoin is planned to become a payment instrument in Japan. So it's impossible for bitcoin to get to zero.
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I think it's impossible. Bitcoin is too popular worldwide and its popularity is growing. Its price can't down to zero.
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I think that this is one of the many opinions of an authoritative person in the field of cryptocurrencies. It is not necessary to perceive everything that is written-as a call to action.During this year, almost all experts made a mistake in their forecasts each time promising market growth)
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Yeah it's just an opinion, How many people said similar things year/s ago that bitcoin will never going to survive for a long time but how many years passed bitcoin is still here.
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Youtuber Ryan X. Charles a bitcoin cash (BCH) fanatics said that Bitcoin will kill the chain because the developer did not understand the nature of the economics and this will lead bitcoin price drop to ZERO
What are your thoughts?
No i don't think it will happen because however the developer of team bitcoin, they are still working hard to make bitcoin better in the future and about the price of bitcoin will not be Zero, volatility of price is something normal in cryptocurrencies, the price will goes up again don't worry about the price of cryptocurrencies, bitcoin won't be died.
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Never say never, although it seems like an unlikely scenario. Dropping back to 3 digits is well within the realms of possibility though, especially with the ever decreasing confidence in the markets as a whole. Will be interesting to see what happens over the coming months, as so far this year it always seems like we're going 1 step forward and 10 steps back. To be honest, I would like to see more of a fall back, bring it closer to the levels it was at back at the beginning of 2017, and then begin a slow but steady build up from there. Would help more with the long term stability in my humble opinion. Failing that, here's to another bull run...
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Youtuber Ryan X. Charles a bitcoin cash (BCH) fanatics said that Bitcoin will kill the chain because the developer did not understand the nature of the economics and this will lead bitcoin price drop to ZERO
What are your thoughts?
I think it's difficult to happen for bitcoin to fall down it's price to because because nowadays bitcoin is very strong and there are lot's of investor that are investing that makes bitcoin holding the top ranking profitable crypto world wide.
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it is inevitable when the market is not regulated by anyone. Manipulators know their business. But I think that soon buyers will again gain their positions. And how high we'll go find out in the middle of autumn
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Youtuber Ryan X. Charles a bitcoin cash (BCH) fanatics said that Bitcoin will kill the chain because the developer did not understand the nature of the economics and this will lead bitcoin price drop to ZERO
What are your thoughts?
I doubt about that, I think It is impossible. Bitcoin is so high demand , It will exist for along time.
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It is impossible speculations and predictions are usually in cryptomarket. So don't Panic just wait few weeks market will rise again. Now focusing one thing buy and hold.
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It is impossible to come up into that zero price. Bitcoin is very potential and different coin from other. It is also the main coin that makes the market move forward and move backwards.
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It is impossible , bitcoin will never go back to zero. Bitcoin is created a new world . Still it is high demand and high valuable most investors believe in bitcoin. So definitely it will rise again.
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Everything is possible. When that's happen it means cryptocurrency is failed and bitcoin has lost its value.
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All can happen but it will be difficult because there are so many bitcoin holders. Strong holders are needed to maintain the value of the coin. all depends on how the holder maintains the value of bitcoin on the market.
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Youtuber Ryan X. Charles a bitcoin cash (BCH) fanatics said that Bitcoin will kill the chain because the developer did not understand the nature of the economics and this will lead bitcoin price drop to ZERO
What are your thoughts?
Even the market price of bitcoin is dropping too much but it i don't believe that it's price will falling down to zero because i observed in almost 4 months it's price is still range from $6000- $7000 which is good sign of a stable crypto in a bear market.
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Youtuber Ryan X. Charles a bitcoin cash (BCH) fanatics said that Bitcoin will kill the chain because the developer did not understand the nature of the economics and this will lead bitcoin price drop to ZERO
What are your thoughts?
Maybe that is possible but considering the influence of bitcoin now that even the some successful businessmen are getting involve in bitcoin. They put some of their fund on it and they are confidence that bitcoin will become more valuable in the coming bull run.
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Zero means start from the beginning. This is far from reality that bitcoin now is more than 10,000 increase from its starting price $0.003 when it was 2010. According to Wikipedia:
Date: Jan 2009 – Mar 2010
USD: 1BTC
basically nothing
Notes: No exchanges or market, users were mainly cryptography fans who were sending bitcoins for hobby purposes representing low or no value. In March 2010, user "SmokeTooMuch" auctioned 10,000 BTC for $50 (cumulatively), but no buyer was found.
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DATE: Mar 2010
USD:1BTC - $0.003
NOTES: On 17 Mar 2010, the now-defunct BitcoinMarket.com exchange is the first one that starts operating.
DATE: May 2010
USD:1BTC - less than $0.01
NOTES: On 22 May 2010, Laszlo Hanyecz made the first real-world transaction by buying two pizzas in Jacksonville, Florida for 10,000 BTC.
DATE: July 2010
USD:1BTC - $0.08
NOTES: In five days, the price grew 900%, rising from $0.008 to $0.08 for 1 bitcoin.
DATE: October 2010
USD:1BTC - $0.125
NOTES: Price surpasses one bit
And to follows https://en.m.wikipedia.org/wiki/History_of_bitcoin
To let bitcoin come down into zero is very impossible things because the network of bitcoin is not the same as before.