Edit
Report post Feedback

Is it possible for bitcoin's price to crash to zero?

It is technically possible for any cryptocurrency's price to crash to zero, as seen with the Terra Luna price crash. But, for something as popular and valuable as Bitcoin, some huge shifts would need to take place to allow for such a catastrophic loss of value. It's important to understand Bitcoin's functionality to understand why this is the case.

What will happen to bitcoin if there are no buyers?

Bitcoin will continue to have value and it is unlikely that the currency will reach zero. The value of Bitcoin rests in supply and demand, and so if there are no buyers of the currency, then all sellers will just sell as well.

What will not be 'crypto' in 20 years?

Crypto cannot be un-invented and at every level if crypto is not adopted then the laggards will, like the horse as transport, go obsolete. What won’t be ‘crypto’ in 20 years? On the top of that crypto world will likely still sit bitcoin BTC +1.9%.

What happened to Bitcoin after China crackdown?

Although the crackdown was publicized, there were still parts of China with nodes on the Bitcoin network that were running. In May, Finbold reported on Bitcoin’s hash rate by including traffic from China. The hash rate is at about 20% after dropping to zero in July due to the ban.

The World's Leading Crypto Trading Platform

Get my welcome gifts