Bitcoin: Not Going to Zero (Probably)

So, Bitcoin. It’s been pronounced dead, what, 471 times since 2010? That’s like the number of times I’ve had to explain to my mother what I actually do for a living. And each time, someone confidently predicted its demise, usually while wearing a very expensive suit and speaking on CNBC. Yet, here we are. The coin is currently nursing a bit of a hangover from that October 2025 flash crash – honestly, the market’s drama queen tendencies are exhausting – and naturally, the “going to zero” crowd is back. Google searches are spiking. It’s like clockwork.

But here’s the thing: these doomsayers have a truly remarkable track record of being… incorrect. And there’s a structural underpinning to Bitcoin’s price that’s surprisingly robust, even if you’re a bear with a very sophisticated algorithm. Let’s unpack why this digital thing is unlikely to actually hit $0.00. It’s less about “to the moon” and more about “staying vaguely above water,” which, honestly, feels like a win in this market.

The Case Against Absolute Zero

For Bitcoin to truly vanish, everyone who owns a significant amount would have to simultaneously decide to sell, and then… nobody would buy. Think of it like a corporate retreat where everyone brings a dish, and it’s all lukewarm potato salad. Nobody wants it. It’s a logistical nightmare. The odds are… not great.

The existence of buyers who aren’t particularly motivated by price – you know, the kind of folks who just like owning Bitcoin – throws a wrench in the works. Take Strategy (formerly MicroStrategy). They’ve got over 761,000 coins – roughly 3.6% of all Bitcoin that will ever exist. They’re buying the dip like it’s going out of style. It’s like a company expense account with no limits. And honestly, I’m a little jealous.

Other players – governments, ETF issuers, corporate treasuries – are also unlikely to unload everything at once. And let’s not forget the estimated 20% of Bitcoin that’s… lost. Vanished into the digital ether. Probably being used as a very complicated paperweight somewhere. That’s supply and demand, people. Basic economics. It’s like when the office accidentally orders 500 branded stress balls. Some of them just disappear.

Historically, Bitcoin has weathered some serious storms. Multiple 80% declines, followed by recoveries and new all-time highs. Remember March 2020? Pandemic panic? Global liquidation? Bitcoin took a hit, sure, but it bounced back. It’s the cockroach of the financial world. Which, surprisingly, is a compliment.

Buyers of Last Resort (and Their Quirks)

And then there are the true believers. People like Blockstream CEO Adam Back. These folks have essentially placed standing buy orders at ridiculously low prices – like $0.01 or $0.02 per coin. It’s partially a joke, sure. But it’s also a commitment. They’re saying, “We’re here for the long haul. We’ll scoop up all the cheap coins.” It’s like a department head who insists on personally answering every customer service email. A little eccentric, but admirable.

So, while obsessing over the possibility of Bitcoin going to zero is a perfectly valid way to spend your Tuesday afternoon, it’s probably not the most productive use of your time. It’s not going to happen. Of course, it could still go down a lot. Diversification is still your friend. And maybe, just maybe, consider investing in something a little less… volatile. Like, I don’t know, Beanie Babies. They’re making a comeback, apparently.

2026-03-20 03:32

The Case Against Absolute Zero

Buyers of Last Resort (and Their Quirks)

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