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At the time of publication, there are only eight mining rigs showing profits at. The price of bitcoins could fall dramatically until they are worthless, but this is a very unlikely scenario. You can't do anything with it except. It'll just be an empty number on your laptop. In fact, there is a 0.4 percent chance bitcoin will become worthless, according to a.
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Bitcoin can become worthless again.
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Separate bitcoin from blockchain technology. Former bitcoin cash proponent calvin ayre in july stated that bitcoin is worthless, while american business tycoon warren buffett has frequently lambasted bitcoin, and has told cnbc that all cryptocurrencies (bitcoin included) are worthless. You should now know why bitcoin is worthless. For long term holders of bitcoin, that price is still a huge gain; 10 reasons bitcoin is a terrible investment the cryptocurrency kingpin has been on fire in 2020, but belongs nowhere near investors' portfolios.
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It is a currency just like any other, and if people lose trust in the value of the dollar, the end of that currency won't be far behind.
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