How low can Bitcoin go? Can Bitcoin go to Zero?

Can Bitcoin go to Zero?

You probably already know that Cryptocurrencies and price predictions are a difficult thing to understand let alone to master. This article touches some thoughts on the future price of Bitcoin, but the big question you will find the answer for is, if Bitcoin can go to zero!

https://www.hardforking.com/can-bitcoin-go-to-zero/

Many people still dismiss Bitcoin as a purely speculative. A bunch of people are trading it with the hope of the price going up, but also down, when they short it on markets like Bitmex.

Fortunes have been made for those who got lucky, or know what they are doing, especially when you have the ability to get 100X leverage on Bitmex.

What could cause Bitcoin to go to zero?

Many reasons have been put forward for Bitcoin to go to zero. Tether crashing was one of these last year. We have moved past that now and I would never subscribe to this as a reason for Bitcoin being worth zero. Let’s remember Bitcoin saw its growth and usage well before the introduction of Tether and any stable coin for that matter.

https://www.hardforking.com/can-bitcoin-go-to-zero/

Meet the Bitcoin Family

Didi Taihuttu 39, his wife Romaine 39, childhood sweethearts from the age of 16 and their beautiful children Joli 12, Juna 10 and Jessa 7. The mainstream media have dubbed them the Bitcoin Family.

https://www.youtube.com/watch?v=WuWy4XC0EEA

The story has hit the press last year with dramatic headlines about the family who had sold everything they owned, invested it all in Bitcoin and Cryptocurrencies and were living on a campsite in Holland. Yes, there is truth to this and for that reason, the global interest is booming. We go beyond the dramatic headlines to tell their story in a series of videos.

https://www.hardforking.com/meet-the-bitcoin-family/

Bitcoin Hard Forks – Who is Really in Control?

Bitcoin Cash Mining Pools after the Hard Fork

Currently we have some of the biggest players in Cryptocurrency flexing their power or hash rate. 

Craig Wright of Bitcoin SV, yes, the man who claims to be Satoshi is on record saying he would crush Jihan Wu and Bitcoin ABC. Jihan runs Bitmain, the biggest producer of mining equipment, so that is a huge statement!

Wright claims, he has enough money and hashing power to mine empty blocks on the rival Bitcoin ABC chain, and effectively bring it to a halt.

If he can do this, where does that leave us in our understanding of mining, blockchains and decentralization? We will try and explain this in non-technical terms for you in this article.

Bitcoin Price Dropped by almost 40% - What Happened?

Why has the Bitcoin price dropped so suddenly? and why did the drop start exactly at the same time as Bitcoin Cash hard forked into Bitcoin SV and Bitcoin ABC?

What the fork happened here? Have the big boys been playing games with us all along like Sean explains in his article here?https://www.hardforking.com/bitcoin-price-drop-explained/ Are we looking at yet another Tether manipulation? Is Bitcoin, and are other cryptocurrencies, so easy to manipulate? Maybe I'm paranoid, but what happens if major stock holders sell at once? The price drops! In an unregulated environment like Bitcoin, this could effectively harm a lot of investors, just like what we see happening right now! And all happened just around Black Friday! Yes, maybe it's all just coincidence and I am paranoid, and that sort of thing can't happen on a decentralized blockchain, no way! ...but what if?

I'm looking forward to read your comments and thoughts on the Bitcoin price drop of November 2018!