How likely is it for bitcoin to plummet to zero?

3 answers

• Open UserDec 05, 2021 · 5 years ago
  As an expert in the cryptocurrency market, I can confidently say that the chances of bitcoin plummeting to zero are extremely low. Bitcoin has proven to be a resilient and valuable asset over the years, with a growing number of institutional investors and mainstream adoption. While there may be fluctuations in its price, the likelihood of it becoming completely worthless is highly unlikely.
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• TivalAug 28, 2022 · 4 years ago
  Well, let me tell you, the chances of bitcoin going to zero are about as likely as me winning the lottery and getting struck by lightning on the same day! Seriously though, bitcoin has established itself as a major player in the financial world. It has a strong community of supporters and a decentralized nature that makes it difficult to completely crash. So, don't lose sleep over the possibility of bitcoin going to zero.
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• Hammer 88Jun 12, 2024 · 2 years ago
  According to a recent report by BYDFi, a leading cryptocurrency exchange, the probability of bitcoin reaching zero is currently less than 1%. This is due to the increasing adoption of bitcoin as a store of value and the limited supply of 21 million coins. However, it's important to note that investing in any asset carries risks, and it's always recommended to do thorough research and consult with financial advisors before making any investment decisions.
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