Post
Topic
Board Bitcoin Discussion
Re: Bitcoin price fall to Zero? Possible or not?
by
robertjack
on 10/04/2021, 15:13:38 UTC
Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.

source

Bitcoin's price could potentially fall to zero, but there is no risk in this scenario. Bitcoin activity is growing in a legitimate way all over the world.