Can Bitcoin Price Fall To Zero: Three Possible Scenarios
July 15, 2020 / Bitcoin Price Fall To Zero: Three Possible Scenarios
An order to purchase 18 million BTC at $ 0.01 has been placed on the Bitfinex cryptocurrency exchange. It is clear that such news will inflict a huge blow on Bitcoin reputation, states of different countries will immediately begin to introduce bans, and the cryptocurrency market will roll down.
However, we believe that the presence of Bitcoin forks and similar projects called “payment network” on the cryptocurrency market proved that in this aspect Bitcoin does not and will not have competitors. That is, official tokens or one can even say native cryptocurrencies of such platforms may not grow in price, but Bitcoin, on the contrary, will add by increasing the scope of acceptance.