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?
The drops of bitcoin won't mean it will reach down to zero value. This is simply the lowest point of the fluctuation of bitcoin in this year. Actually, this will be the good time to buy bitcoin because once you bought some at the low price, you will just wait until the prices goes up again. This cycle should be played in our advantage so that we can all earn money to finance our expenses. And thanks bitcoin for that.