The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?
I am also sad with the bitcoin prices decreasing consistently over last few days. In the last one week bitcoin has dropped by about 15% and coins like Ethereum has dropped by 30% or more. It will not go to zero in my opinion but we see more price decrease in future.