Post
Topic
Board Bitcoin Discussion
Re: This is why BITCOIN will never go to ZERO
by
posi
on 16/07/2023, 03:41:01 UTC
At the moment i think this would also be very illogical to happen, seeing how long it took bitcoin to reach its current state makes me more confident that its value will always grow in time. time.
Some of the fiction stories that I've seen on many movies talk about the future life of people in war, or natural disasters,... and it's also very unlikely to happen like a tragedy right now disaster with the economy causing things like bitcoin to lose the status it created.
natural disasters and wars in the future might happen and there are even some rumors that say there will be an internet apocalypse in the next few years, even so bitcoin will not be erased in the minds of millions of people, even though the internet doesn't exist, we can still transact bitcoin with systems such as SMS.

the volatility of the bitcoin price is its nature, no one will be able to change that but for bitcoins to have no value is impossible, people will not let that happen, they will continue to buy and sell bitcoins.
Do you mean bitcoin can still exist without the internet? I will oppose and disagree with this view. Nowadays, people are creating ways to send and receive bitcoins by SMS, but after all, the bitcoin network will disappear, and bitcoin will go to zero without the internet. How can something created on the internet exist if the internet doesn't exist? This is excessive and unnecessary bitcoin exaggeration. Bitcoin will always depend on the internet and electricity, and there will be no way for bitcoin to separate from its dependence on them.
People should at least having that realistic approach on things and its true that being too much optimistic towards it would really be leading into those things which are already that exaggerated which we know that it cant really be that possible but its true that without internet and electricity then there's no way that it would really be able to push transactions without these things or simply it cant really be able to move on or process. About on the talking about going zero in value then everything would really vary or depend on the demand because we know that this is the primary key for it to have high value. It is really just that there are people who dont make use of their common sense on factors which do mainly affects or much needed in overall space.
There's no assurance on Bitcoins future though because we dont actually know on what would happen in the future and everything would really be depending or varying on overall recognition and demand just like i said earlier.

As bitcoin investors, we all don't want bitcoin to go to zero, and we want it to be worth millions of dollars. But we need to be realistic that bitcoin is very young, and it is difficult to confirm anything about it in the future. Moreover, with the tremendous development of technology, creating something superior to bitcoin is not impossible, so don't be too subjective.
And you are right one more thing is that the value and existence of bitcoin will depend on our needs, it is we who decide its future and not any other factor.