I recently asked the flip side of this question — what you’d do if Bitcoin was worth $1M today.
But if you just woke up and saw the price cratered to zero instead, how would you respond?
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I recently asked the flip side of this question — what you’d do if Bitcoin was worth $1M today.
But if you just woke up and saw the price cratered to zero instead, how would you respond?
The obvious answer would be to buy and accumulate as much as you can. I can't envision this happening short of nuclear armageddon or a combination double spend/ encryption break. The latter is virtually impossible.
Correct answer since this causes a paradoxon
If it's 0 everyone will buy (since it's free) so it can't be 0 since people will outbid each other
Oh, seems like it's called "paradox" in English. Paradoxon is German haha
"hmm the germans already have a good word, but it's got that ugly 'on' bit at the end... just take it and remove that bit."
May as well, just in case demand reemerges. It's not like holding it is costly.
Right…nothing to lose if it’s worth $0!
Probably make some coffee, take a shower.
Same response to $1M…respect
Before enlightenment, chop wood and carry water. After enlightenment, chop wood and carry water.
Apologize to my wife
Grab the guns and ammo because there is a bigger problem. Same as if it was suddenly 1 million.
Go for a ride through the marshmallow forest on the back of my talking unicorn… it’s about as likely.
I don’t see it happening given how much support it has and the very real needs. However there are possible reasons; risks associated with quantum computing maybe?
There’s always a non zero possibility…but I agree it’s virtually impossible right now, omitting black swans.
I’d prob just go hang out with my family
Non zero possibility - agreed. I always appreciate a thought experiment and a reminder that there is more to life than Bitcoin.
there are way too many steadfast believers who will go against some market tendency and buy it up pretty much no matter what happens...
I’d have an absolute massive limit order posted at $0.01
I'll splurge and post it at $1... no risk, no fun
Sit down, relax and try to wake up for real.
Same. I'd slap myself really hard to actually wake up.
keep my 9 to 5
cry harder
I wouldn't believe it and I would be called a conspiracy theorist. I would search for the answer, like, the truth is out there man. Bitcoin isn't really zero man, that's just what the man want's you to think, man.
Can't be worth zero. There will always be people buying, no matter what.
I would like to know what happened. What fundamentals have changed to cause this.
Then probably go for a motorcycle ride and enjoy the country because if there are serious problems you will be spending a lot of time there... lol
Oh, and keep your guns handy :-) You know, just in case...
This wouldn't be possible no matter how much everyone selloff
Tulip mania
stay humble and stack sats
Keep on mining crazy must go on like bitcoin and they 'bitcoiners' can't die Fed go to hell
Clap my hands 👏 check mempool.space to see if blocks are still being made. If so check stacker news and see what’s going on
Buy it all, of course.
If it stays on $0 after that, committing Hari Kari wouldn't be the worst way to go.
Can't go to zero since Adam Back has a long-standing buy order for 21m BTC at 1c .. so I'd be interested in buying some BTC with a 100% premium over Adam's price and shelling out 2c per Bitty.
Sometimes the best move to make, is no move at all.
Also literally impossible for Bitcoin to go to zero.
It cannot be zero, but it can be 0.00000001 or 1 satoshi. In this case, I will buy massively!
Lol id still be poor so I guess go to work, earn a living and keep going
Check if money is still relevant at all. Are there any currencies or commodities with value? Perhaps the replicator from Star Trek was just airdropped into every home and we're living in a post scarcity world where real estate is infinite in the metaverse, or perhaps there's millions of livable planets now accessible to stake your claim and colonize for humanity. If money isn't relevant anymore then awesome! BTC has succeeded in being so scarce that it made everything else infinite by comparison.
Buy more and then relax.
Hold what I have and buy more. Wait patiently
I would buy all I could at that price. And the price would rise. I'd continue buying until I ran out of fiat.
Buy more
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