Post
Topic
Board Bitcoin Discussion
Re: How will it affect your life if Bitcoin price comes to zero per Bitcoin one day?
by
sokani
on 02/11/2023, 13:06:52 UTC
How will it affect your life if Bitcoin price comes to zero per Bitcoin one day? I have seen most of discussions related to Bitcoin price on pessimistic side only. But we should look at all the possibilities.
Bitcoin is not the typical coin where the project owners could easily remove liquidity or rug pull, that could crash the price to zero as we've seen in some projects. It is an open source and community driven project with no smart contract or hidden code. The highest that can come close to affecting the price is market sentiments, like when there's cases of hack, pandemic, regulations and crypto exchange crackdown. IMO, that's as far as it can go and there's absolutely nothing that can bring the price to zero.