Have you heard people predicting that the price of $BTC is going to go down to zero. It's a common claim among those who want to see it fail. But could it happen, even theoretically?
No. They are wrong, and here is why.
Adam Back once revealed that he has placed a live order to buy all the Bitcoin available at 2 cents. One of Satoshi's original allies, who was mentioned in the #Bitcoin white paper, he famously placed the low order limit for all 21 million BTC.
I plan to gazump him by bidding 3 cents!! I might bid 1 cent for $ETH at the same time.
Seriously, there will always be someone who feels the price is low enough to take a chance by placing an order to buy the dip. Can we say the same for gold and other non-digital assets?
