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RE: Can BITCOIN fall back to $0 ?

in #steemit7 years ago

Yes, $0 is possible.
At this point, it is not likely.
Banks creating their own cryptocurrency does not warrant a $0 Bitcoin.
People may not trust banks as much as a blockchain unhacked for 8 years now.
I write very crisp.

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I do agree with you but suppose if it happens for once then the Damage would have been done.

There will be high panic and this may erode the trust suddenly.

Following you.

Bitcoin has shown to be quite resilient. They do not call it the Honey Badger for nothing.

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