🚨 Three possibilities for Bitcoin to return to zero
Although Bitcoin has always been the leader in the crypto market, its value may also return to zero in some extreme cases. Here are three scenarios that may cause Bitcoin to collapse:
1. Satoshi Nakamoto "resurrects" and sells off a large number of Bitcoins
Satoshi Nakamoto, the founder of Bitcoin, is said to hold about 1 million Bitcoins. Although these Bitcoins have not moved for a long time, if Satoshi Nakamoto suddenly appears and starts selling them on a large scale, the market may fall into panic due to the sudden increase in supply. The influx of a huge amount of Bitcoin may instantly hit market confidence, cause a price crash, and may even cause the value of Bitcoin to return to zero.
2. Mining power is concentrated, and decentralized features are destroyed
If some large investors control most of the computing power of the Bitcoin network, they may launch a "51% attack" to manipulate transaction records and destroy the core decentralized features of Bitcoin. Without the guarantee of decentralization, the trust foundation of Bitcoin will collapse, and the market's confidence in its value will quickly collapse, which may eventually lead to the disappearance of Bitcoin.
3. Unpredictable major external changes
The crypto market is extremely sensitive to external policies, technological changes, or regulatory changes. If there are unexpected major changes, such as a global ban on cryptocurrencies or new technological breakthroughs that make Bitcoin no longer competitive, Bitcoin may face the risk of a collapse in value.
Potential coin recommendation:
If you have higher expectations for the future, the potential coin I'm looking at recently is Marvin, which is based on the Ethereum chain and aims to double its growth, with an expected increase of more than 10 times. Friends who want to make a layout may wish to pay attention and ambush in advance.