absolutely nothing of value would be lost really if this happened
What if Bitcoin went to zero?
11–20 of 84 posts
Re: What if Bitcoin went to zero?
#12I would love to see Bitcoin crash to close-to-zero levels: I'd buy as much as I can afford short of actually starving.
I suspect I'm far from the only one with that outlook, and therefore ... BTC going to zero is unlikely.
Re: What if Bitcoin went to zero?
#13absolutely nothing of value would be lost really if this happened
> absolutely nothing of value would be lost really if this happened
You're wrong: all the nocoiners on HN would be robbed of an opportunity to cringe every time BTC is mentioned on the site.
Re: What if Bitcoin went to zero?
#14The big question that big media fails to ask is what if - after infinite money printing - all fiat currencies go to zero together
Shouldn't be defensive.
Crypto communities spread FUD about fiat all the time. Some of it justified.
But equally justified is looking at the -real- value that BTC and other crypto assets offer.
(Disclosure: As many people here on HN, I entered into the crypto space during the 2016-2017 rally. Still get paid in fiat. And my biggest assets are in real-estate.)
Re: What if Bitcoin went to zero?
#15Links to sites that are just advertisements to buy a subscription should not be allowed.
Re: What if Bitcoin went to zero?
#16Chip shortage is over, hardware has reasonable price tags for the first time since the pandemic started(or longer, I lost track of time).
Re: What if Bitcoin went to zero?
#17Bitcoin will never go to zero. Why? There are too many billionaires that will buy the total available supply long before it can get to $0.
Re: What if Bitcoin went to zero?
#18absolutely nothing of value would be lost really if this happened
> absolutely nothing of value would be lost really if this happened You're wrong: all the nocoiners on HN would be robbed of an opportunity to cringe every time BTC is mentioned on the site.
Nah, we could still continue to laugh at it like we laugh at beanie babies... Or tulip mania.
Re: What if Bitcoin went to zero?
#19I think this will be a fun discussion, given the paywalled article, we are all free to comment instead of read.
Re: What if Bitcoin went to zero?
#20Then I can finally afford to buy that graphics card
Bitcoin mining hasn't relied on graphics cards in years. SHA2 calculations are highly amenable to ASIC speedups, so ASICs took over Bitcoin mining pretty early in its history.