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/