Post
Topic
Board Speculation (Altcoins)
Re: Most cryptocurrencies will crash to zero
by
ocid
on 09/06/2018, 02:36:54 UTC
As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

Yes there is a possibility that bitcoin will crash into zero but not in the near future. Just like what others said that bitcoin started as zero and they say that it will return to zero. However, I think that that scenario is still in the distant future. Bitcoin today us still gaining its popularity and still managing to be on he spotlight. Bitcoin will still go a long way in being an alternative investment, a mode of payment or transaction and being a currency.
I think it's unlikely that bitcoin can be up to zero in value even back up as early as its launch. as time goes by, the increasing interest of cryptocurrency users in some countries is already very popular among the people and they are able to make cryptocurrency as an alternative means to serve as a modern investment asset. Bitcoin will not lose its value to zero, maybe some altcoin can lose its value even to extinct its existence