Post
Topic
Board Speculation
Re: How it will go to $0 again?
by
richjohn
on 17/04/2016, 21:50:11 UTC
The price can only go to 0 euro of people lost faith in bitcoin. Which can happen if some new cutting edge technology comes and/or it will be banned to use bitcoin.

Youre talking about I dont know how many people exactly, but thats a ton of people to lose faith overnight.

And to see this even happen, it would have to be some historic moment back like in 2012.
Do not worry that day will never come when bitcoin can get to zero level, price is rising and it will rise in future too and we will be seeing all time high in coming years.
I guess I doubt it. Since bitcoin is a decentralized currency, it have the possibility to devalue. What if government will have to pass a law to ban in using bitcoin. Even the price will continue to increase but you cannot able to use it anymore.