{"id":223129,"date":"2021-04-09T19:00:00","date_gmt":"2021-04-09T16:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-to-zero-not-while-this-redditor-has-187000-to-spend\/"},"modified":"2021-04-09T19:00:00","modified_gmt":"2021-04-09T16:00:00","slug":"bitcoin-to-zero-not-while-this-redditor-has-187000-to-spend","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-to-zero-not-while-this-redditor-has-187000-to-spend\/","title":{"rendered":"# Bitcoin to zero? Not while this Redditor has $187,000 to spend"},"content":{"rendered":"

“# Bitcoin to zero? Not while this Reddit<\/a>or has $187,000 to spend <\/strong>”
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In the years since Bitcoin\u2019s 2009 launch, the crypto industry\u2019s inaugural blockchain-based asset has survived many speculative deaths. While it is true that Bitcoin (BTC) could theoretically crash by the tens of thousands of dollars necessary to take it to zero, one Reddit user has pledged their intention to buy up the blood.<\/p>\n

On the r\/Bitcoin subreddit yesterday, Reddit user u\/Substantial-Ad-5012 posted<\/a> a thread titled: \u201cBitcoin will never go to zero in my lifetime.\u201d Why? \u201cBecause I am willing and able to buy all the bitcoin ever mined at 1 cent each,\u201d the user explained, adding:<\/p>\n

\u201cSo the next time a bitcoin skeptic brings up the bitcoin going to zero argument just let them know that a random reddit guy on the internet said that he will not let that happ<\/a>en.\u201d<\/p><\/blockquote>\n

Over the years, many old-world financial personalities have forecast Bitcoin’s eventual demise, including gold evangelist Peter Schiff. In 2020, Jim Rogers, a notable investor, said he expects a future price of $0 for BTC. In 2018, Bill Harris, the former CEO of PayPal, also predicted a $0 price tag. Additionally, Distributed Lab CEO Pavel Kravchenko said Bitcoin could become worthless, although his stance was contingent on certain conditions. <\/p>\n

U\/Substantial-Ad-5012 is not the only one ready to buy Bitcoin either, in the event of a dramatic price spiral. Entrepreneur Alistair Milne has also expressed similar intentions in the past, as demonstrated by his 18.52 million BTC buy order\u00a0last year. In 2020, after the March crypto market crash, Binance CEO Changpeng Zhao also tweeted<\/a> about the asset not hitting zero, due to his intent to buy before then.\u00a0\u00a0<\/p>\n

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Still worried about #btc<\/a> going to 0?<\/p>\n

Don’t! So long as I have a penny left, it won’t happen.<\/p>\n

\u2014 CZ Binance (@cz_binance) March 17, 2020<\/a><\/p><\/blockquote>\n