I'm wondering about the potential reasons that could lead Bitcoin's value to drop to zero. What are the possible scenarios or factors that might cause such a drastic decrease in Bitcoin's price?
5 answers
CryptoAlchemyMaster
Sat Dec 21 2024
A crash to zero in the cryptocurrency market, albeit highly improbable, remains a theoretical possibility.
CryptoAlchemy
Fri Dec 20 2024
Regulatory changes, either domestic or international, could also have a significant impact on the market.
CryptoMystic
Fri Dec 20 2024
Such an event could stem from a multitude of factors, one of which is a massive sell-off.
Valentino
Fri Dec 20 2024
Another contributing factor could be a widespread loss of confidence in the market.
CoinMaster
Fri Dec 20 2024
External threats also pose a risk, including rising interest rates which could make alternative investments more attractive.