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?
We are all aware how bitcoin currently falls down, for what you have said, every minute or just a second, maybe it is just that an exaggeration about it or rather overthinking of what bitcoin is facing right now. We all know how vulnerable the value of the bitcoin is, how it moves like a roller coaster most of the time and its stability is never predicted. I am not really seeing it as a bad shot or worse, demonisation of bitcoin instead its usual scenario. Therefore, the zero-thingy of bitcoin, for me, will not be really possible but a usual one that later on can hit back to the top.