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RE: Can Bitcoin Go to Zero?

in #bitcoin6 years ago

Will it really going to zero, or is it what the people that want it to go away want you to think it’s going to do? What is really pointing for it to go to zero? Is there real hard facts that say it’s at its end?

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Of course there's no hard facts that say it's going to have an end - There's no hard facts about anything when it comes to Bitcoin financially, only technically. None of this video has anything to do about "hatred" of Bitcoin - it's the fact that its value is actually determined by the opposite - People loving it (at least enough to assign it value). How reliable is that over the long-term? We don't know, but I have doubts after seeing a lot of things die that everyone thought would "last forever." Anyway, it's a long-term question (decades).

True as you said before maybe five years down the road but anything can happen in that amount of time. As an example the dollar could collapse in five years no one really knows what will happen in five years.