I have to be honest on this one, I cannot see the price of bitcoin going to $0. Why? If you noticed the news especially on the adoptions of some cryptocurrencies and the movements being done by the traditional industries, you’d see that they are embracing the blockchain technology and at the same time bitcoin/virtual currencies. The current dip in price in bitcoin for me is normal, though I’m still in my early stages in this world og cryptocurrency (going 7 months), but this dips are good, especially if the reason are about security and its a great opportunity for cryptocurrency projects to improve security and follow some regulatory so that institutional investors can join the cryptocurrency mania meaning cryptocurrency’s are flying to the moon once all pieces needed for the virtual currencies to be accepted by many, are joined together. Bitcoin is going to soar high and so as the altcoins - soon thereafter. Here in my country, the government had granted licenses to operate for cryptocurrency exchanges, years from now, bitcoin and other cryptocurrencies would be used by the masses from transferring of money to any type of transaction for which money is involved.
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