How likely is it for bitcoin to go to zero in the near future?

3 answers

• Hjelm RosarioJul 31, 2021 · 4 years ago
  As an expert in the field, I can confidently say that the chances of bitcoin going to zero in the near future are extremely low. While the cryptocurrency market is volatile, bitcoin has established itself as the leading digital currency and has a strong network effect. It has proven to be resilient in the face of various challenges and has consistently bounced back from market downturns. Additionally, the growing adoption of bitcoin by institutional investors and the increasing acceptance of cryptocurrencies by mainstream financial institutions further solidify its position. While there are risks associated with investing in bitcoin, the likelihood of it going to zero is highly unlikely.
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• Robles BarberFeb 11, 2024 · 2 years ago
  Well, let me tell you, the chances of bitcoin going to zero are about as likely as me becoming a professional basketball player overnight. It's just not gonna happen. Bitcoin has been around for over a decade now and has faced numerous ups and downs. But each time it has managed to come back stronger than ever. The underlying technology behind bitcoin, known as blockchain, has revolutionized the way we think about money and transactions. It has the potential to disrupt traditional financial systems and reshape the global economy. So, don't worry, bitcoin is here to stay.
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• Long Nguyen XuanJun 26, 2023 · 2 years ago
  From a third-party perspective, it's important to note that the likelihood of bitcoin going to zero in the near future is quite low. While the cryptocurrency market is volatile and can experience significant price fluctuations, bitcoin has proven to be a resilient asset. Its decentralized nature and limited supply make it an attractive store of value for many investors. Additionally, the increasing adoption of bitcoin by individuals, businesses, and even governments further strengthens its position in the market. However, it's always important to do your own research and consider the risks associated with investing in cryptocurrencies before making any decisions.
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