I answered it with "very possible" . I really think it's very possible for btc to reach zero , people may even not be able to buy it if it ceases to exist .
Indeed....and it's volatility may just be it's undoing. How can it be used as a stable currency when the value is determined hourly and constantly changes ? So then the question is: What can it be used for ?
this is precisely why I will not invest unless it is a form available thru a US exchange... futures, ETF's, etc....
Bitcoin itself is extremely safe (never hacked in 9 years time, and still $300 Bil incentive). But everyone knows: don't give your coins to a third party Exchange, unless regulated and insured (Coinbase is safe!). And store you coins a $50 hardware wallet... you are an IDIOT if you don't use a Ledger or Trezor hardware wallet. POINT!
It's just the opposite, as history shows from 2013 when regulators pushed hard. A regulated market just pulls more people who want to join but fear the wild-west.