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?
Impossible to happen for me because the community is getting bigger and bigger. I there will be no users of Bitcoin there will be a chance but how can it happen if opposite is happening right now. Altcoins are not threat to Bitcoin because Altcoins will always be dependent to Bitcoin in any aspect. Bitcoin has it's advantage due to it's adoption worldwide in businesses or even in economic and investments in some countries arround the world.
Yes, I agree with you bro. For me, I never think it will happen because of same reason. If there'll be no more investors and users of bitcoin, that would mean it has no value at all. But, until now there are many investors and users who are interested and trusted more on bitcoin. I believe and confident that it could possibly survive for 10 years or more with increasing value.